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Crypto ETPs Attract $1.06B in Third Straight Positive Week, CoinShare Reports

Crypto ETPs Attract $1.06B in Third Straight Positive Week, CoinShare Reports

Total assets under management across digital asset exchange-traded products have risen 9.4% to approximately $140 billion since the start of the Middle East conflict.

Crypto News

Digital asset investment products recorded $1.06 billion in inflows last week, extending a three-week run of positive flows, according to a CoinShares report published Monday. The three-week total now stands at approximately $2.7 billion. Net inflows year-to-date have reached roughly $1.2 billion.
Bitcoin attracted $793 million of last week’s total, representing about 75% of all inflows. That brings Bitcoin ETP year-to-date net inflows to $933 million. James Butterfill, head of research at CoinShares, described Bitcoin as a “relative safe haven” compared with…

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