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Bitcoin’s breakout adds $1.4B to crypto funds

Bitcoin’s breakout adds $1.4B to crypto funds

Bitcoin's breakout adds $1.4B to crypto funds

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Crypto investment products saw their highest weekly inflows since January, with $1.4 billion added, as Bitcoin surged out of a two-month trading range, driven by ceasefire optimism and easing 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, News.Az reports, citing foreign media.

Bitcoin led the charge among BTC-related products, recording…

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