Crypto ETPs Hit $15.1B YTD Inflows After Another $1.2B Week
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Crypto exchange-traded products (ETPs) saw $1.24 billion in inflows last week, pushing year-to-date totals to a historic $15.1 billion, CoinShares reported Monday.
Key takeaways:
- Bitcoin ETPs: $1.1B inflows (second straight week of growth)
- Ethereum ETPs: $124M (ninth consecutive week positive)
- Total AUM: Slightly down to $176.3B from $179B due to price declines
Despite Bitcoin dropping below $104K, demand for crypto investment products remained strong, indicating investor confidence in long-term prospects.
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