Crypto funds see $2.5B inflows despite falling BTC, ETH prices
Crypto ETPs logged nearly $2.5 billion in inflows last week, reversing prior outflows, as investors poured into Ether, Bitcoin, Solana and XRP products.
Cryptocurrency investment products attracted renewed inflows last week, offsetting the prior week’s $1.4 billion outflows.
Crypto exchange-traded products (ETPs) logged $2.48 billion in inflows last week, data from CoinShares showed Monday.
Despite inflows, Bitcoin (BTC) struggled in terms of market price, slipping under $108,000 after briefly trading above $113,000 earlier in the week, according to CoinGecko data.