Crypto Funds Hit Record $6-B Inflows — TradingView News
Investment flows into crypto exchange-traded products surged to a record level last week, signaling strong demand from large investors.
According to CoinShares, crypto ETPs drew close to $6 billion in new money in the week that ended Friday, the biggest weekly inflow on record. Bitcoin led the move, taking in $3.6 billion alone as traders and funds piled into BTC offerings.
Bitcoin Dominates The Week’s Inflows
Reports have disclosed that the latest total beat the prior high of $4.4 billion by about 35%. The week’s gains were not evenly spread. While earlier records had been split more between Bitcoin and Ether, this time Bitcoin funds attracted the lion’s share.
Ether ETPs still registered strong interest, adding $1.48 billion and…
