Last week, Bitcoin-based funds experienced a significant rebound, attracting $1.3 billion in net inflows, following a period of minor outflows. Meanwhile, Ethereum products continued their robust performance, marking their strongest run since February. This data comes from a report released on Monday by CoinShares. (Source: CoinShares, Date: Monday)
Overall, crypto investment products managed by firms like BlackRock, Bitwise, and Fidelity saw a global net inflow of $1.9 billion last week. This marks the ninth consecutive week of net inflows for global crypto funds, totaling $12.9 billion. Year-to-date inflows have reached a record $13.2 billion, with combined assets under management now at $179 billion. (Source: CoinShares, Date: Monday)
Bitcoin investment products saw a strong recovery, adding $1.3 billion last week, with $156.7 billion in assets under management. U.S. spot Bitcoin exchange-traded funds accounted for the majority of this, attracting $1.37 billion last week. Ethereum-based funds generated another $585 million in net inflows last week, extending their best run since February to $2 billion. (Source: CoinShares, Date: Monday)
XRP investment products saw their first net inflows in three weeks, adding $11.8 million, and Sui-based funds also attracted $3.5 million worth of inflows. The U.S. led regionally with $1.9 billion in inflows, followed by Switzerland, Germany, and Canada. However, Hong Kong and Brazil saw net outflows. (Source: CoinShares, Date: Monday)