Weekly crypto inflow hits record high of $3.85 billion as Bitcoin, Ethereum, and XRP shine

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Crypto investment products achieved a historic milestone last week, recording a staggering $3.85 billion in weekly inflows, according to CoinShares’ latest report on digital asset flows.

These inflows pushed year-to-date (YTD) totals to $41 billion, with assets under management (AuM) climbing to $165 billion. The figures have outpaced the previous record set in 2021, which saw $10.6 billion in total inflows and $83 billion in AuM.

Bitcoin leads

Bitcoin emerged as the dominant force behind last week’s inflows, contributing $2.5 billion to the total and bringing its YTD inflows to $36.5 billion.

US-based Bitcoin ETFs contributed significantly to these numbers, with BlackRock’s IBIT recording inflows of more than $3 billion and

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