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Crypto Funds Add $1.4B as Bitcoin Clears Two-Month Range

Crypto Funds Add $1.4B as Bitcoin Clears Two-Month Range

Crypto investment products posted their strongest weekly inflows since January, adding $1.4 billion as Bitcoin broke out of a two-month trading range amid ceasefire optimism and cooling inflation data.

Digital asset funds saw their third consecutive week of positive flows, with total assets under management reaching $155 billion, according to a CoinShares report published Monday. The weekly inflow represents 0.91% of total AuM, the highest intensity year-to-date.

Bitcoin led the charge among BTC-related products, recording $1.12 billion in inflows, helping year-to-date flows hit $3.1 billion. These inflows coincided with the leading crypto breaking out of its two-month range, hitting $77,900, its highest level since early…

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