Crypto Investment Products Smash Records with $1.9B Weekly Haul

Reading Time: < 1 minute

Cryptocurrency funds continue their unprecedented run, collecting $1.9 billion in fresh capital during Bitcoin’s price resurgence.

The latest CoinShares report shows crypto ETPs have now amassed $12.9 billion over nine straight weeks of inflows, establishing a new annual record of $13.2 billion YTD.

Bitcoin vehicles dominated with $1.3 billion inflows, while Ethereum products enjoyed their strongest weekly performance in four months at $583 million.

Total crypto ETP AUM climbed to $179 billion, up from $175.9 billion the prior week.