Crypto Asset Inflows Reach $785M as Ethereum Sentiment Turns Bullish
Crypto asset investment products, led by Bitcoin and Ethereum, have continued their recovery streak, recording $785 million in inflows at the end of last week.
The latest record marks the fifth consecutive week of positive flows, pushing the year-to-date (YTD) totals to $7.5 billion. Specifically, the rebound fully offset the February–March correction that saw nearly $7 billion in outflows.
U.S. Dominates Inflows, While Canada and Sweden Lag
The United States led regional inflows with $681 million, bolstered by demand for U.S.-listed ETFs, particularly from BlackRock’s iShares Trusts. Specifically, BlackRock’s Bitcoin and Ethereum ETFs registered inflows of $908 million. However, outflows from other issuers like Grayscale and…
