Crypto ETF inflows hit $7.5 billion as Bitcoin fatigues while Ethereum accelerates
Digital asset investment products attracted $785 million in inflows last week, bringing the year-to-date (YTD) total to $7.5 billion, according to CoinShares‘ latest report.
This figure marks a new record, surpassing the previous high of $7.2 billion recorded in early February.
James Butterfill, CoinShares’ head of research, also noted that the milestone signals a full recovery from the outflows seen between February and March when crypto markets slumped.
Bitcoin inflow slows
According to CoinShares, Bitcoin-related investment products continued to attract the lion’s share of capital, pulling in $557 million in weekly inflows.
While this figure remains substantial, it marks a decline from the $867 million it drew the previous…
