Crypto Fund Inflows Hit $1.06 Billion as Iran Crisis Fuels Bitcoin Safe-Haven Demand
Digital asset products saw $1.06 billion in inflows last week, driven by US investors seeking Bitcoin as a safe haven amid geopolitical stress.Summary
Digital asset investment products attracted $1.06 billion last week, marking a three-week inflow streak coinciding with escalating geopolitical tensions involving Iran, which reinforced the institutional view of Bitcoin (BTC) as a relative safe haven. US investors accounted for 96% of these total inflows, with Bitcoin products attracting $793 million, bringing the three-week cumulative inflow to $2.2 billion. Despite the strong positive sentiment, short-BTC products still saw $8.1 million in inflows, indicating some investor caution. Ethereum (ETH) also saw significant inflows of $315 million, partly boosted by the launch of BlackRock’s iShares Staked Ethereum Trust ETF (ETHB). Conversely, XRP continued its outflow streak, losing $76 million.
(Source：BeInCrypto)