Crypto Funds Record $1B Inflows as Total Assets Hit $188 Billion
TLDR
- Crypto funds recorded $1.04 billion in inflows last week, marking the twelfth consecutive week of gains.
- Total assets under management across crypto funds reached an all-time high of $188 billion.
- Trading activity increased with weekly volumes rising to $16.3 billion.
- Bitcoin attracted $790 million in inflows, though slightly lower than the previous three-week average.
- Short Bitcoin products saw $400,000 in inflows, indicating mixed market sentiment.
Crypto funds saw sustained growth last week, adding $1.04 billion in new capital and extending their winning streak to 12 weeks. Total assets under management reached a record $188 billion, supported by increasing market confidence and rising trading volumes. Weekly…
