$BTC ETFs Drive Record $3.1 Billion Weekly Inflows into Crypto Investment Products
Last week marked a historic milestone for the crypto market, with a record $3.1 billion inflow into crypto investment products, according to CoinShares. Bitcoin ETFs led the charge, accounting for 90% of the inflows. This surge reflects growing institutional interest in Bitcoin amid broader adoption and anticipation of regulatory approvals. Ethereum saw modest inflows, while altcoins experienced minor outflows.
The strong inflows signal increased confidence in Bitcoin's long-term potential, solidifying its position as the leading asset in the crypto space.
