Crypto Fund Flows Hit $3.85 Billion Weekly Record As Bitcoin And Ethereum Dominate

According to the latest report by CoinShares, crypto asset investment products have achieved a historic milestone, with weekly inflows totaling $3.85 billion, surpassing previous records set earlier this year.

CoinShares highlighted a surge in investor interest, propelling total year-to-date (YTD) inflows to $41 billion and assets under management (AuM) to $165 billion—a contrast to prior cycle highs in 2021, which saw YTD inflows of $10.6 billion and an AuM peak of $83 billion.

While Bitcoin continued to dominate, Ethereum posted its largest weekly inflows on record, highlighting the growing demand for major digital assets.

Bitcoin And Ethereum Lead Inflows

Bitcoin remained a key driver of the record-breaking numbers, with…

Source link