Crypto ETP Inflows Hit $1.1 Billion, Strongest Since January
Cointelegraph
Global crypto ETPs recorded $1.1 billion in weekly inflows, the highest level since January, driven primarily by Bitcoin demand.Summary
Cryptocurrency investment products experienced a significant resurgence, securing $1.1 billion in inflows last week. CoinShares research indicates this is the strongest performance since January, largely fueled by a $871 million investment into Bitcoin. James Butterfill, head of research at CoinShares, attributed the growth to increased risk appetite following geopolitical developments and positive US economic data. While Bitcoin dominated, Ether ETPs also saw a recovery with $196.5 million in inflows. The United States led global market activity, accounting for 95% of the total weekly inflows.
(Source：Cointelegraph)