Crypto Funds Attract Over $2 Billion This Week — TradingView News
Reports say global exchange-traded products tied to crypto pulled in about $2.2 billion in net inflows during the latest week, a jump that marked the strongest weekly move since October last year.
Bitcoin-focused funds took the lion’s share, while Ether and a handful of altcoin products also saw fresh money enter.
Rising Appetite For Bitcoin And Ether
According to CoinShares, Bitcoin-led products accounted for most of the inflows, while Ether-linked ETPs grabbed a meaningful slice of new capital as well.
Many investors treated these products as an easier way to get exposure to crypto without owning coins directly. The pattern points to growing comfort among big traders and funds with exchange-traded wrappers.
Some Flows Came As Prices…
