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Bitcoin Leads Crypto Funds’ $1 Billion Rebound To End 5-Week Negative Streak — TradingView News

Bitcoin Leads Crypto Funds’ $1 Billion Rebound To End 5-Week Negative Streak — TradingView News

Crypto Exchange-Traded Products (ETPs), led by Bitcoin (BTC) funds, have broken their one-month negative streak after recording significant inflows over the last week, signaling renewed demand for the digital asset-based investment products amid broader market weakness and geopolitical tensions.

Crypto Funds Break Out Of Multi-Week Bleeding

In its latest Digital Asset Fund Flows Weekly Report, CoinShares revealed that crypto investment products recorded around $1 billion in inflows during the last week, breaking out of the multi-billion-dollar outflow streak that began mid-January with no notable outflows.

Crypto-based funds saw cumulative outflows of $4 billion during the previous five weeks, driven by market weakness and overall negative…

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