US-based crypto funds lead $1 billion in weekly inflows as positive streak extends to three weeks: CoinShares

Crypto investment products, including those from asset managers like BlackRock and Fidelity, attracted $1.06 billion in net inflows last week, extending a positive streak to three weeks, according to CoinShares data. The vast majority of this capital, roughly 96%, originated from US-based funds. This recent influx brings the three-week total inflow to $2.2 billion, recovering some losses from a prior five-week outflow period exceeding $3 billion, and has pushed total assets under management for crypto products to about $140 billion. Bitcoin funds dominated the inflows with $793 million, reinforcing its perception as a safe haven during market stress, while Ethereum funds added $315 million, partly driven by new US staking ETF listings. Spot Bitcoin ETFs recorded $767 million in net inflows between March 9 and March 13, while spot Ethereum ETFs saw $161 million, contrasting with $76 million in outflows for XRP-tied funds.

(Source：The Block)