Crypto funds hit $2.5 billion weekly inflow record amid growin | • CRYPTO NEWS • #BTC • #ETH •
Crypto funds hit $2.5 billion weekly inflow record amid growing spot Bitcoin ETF interest
Crypto funds at asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares registered record inflows totaling $2.45 billion globally last week, according to CoinShares’ latest report. Combined with recent price increases, assets under management at the crypto investment firms now stand at $67 billion — the highest level since December 2021 amid the peak of the last bull market — CoinShares Head of Research James Butterfill wrote.
