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Crypto investment products see record-breaking inflows following growth in Bitcoin ETFs
CoinShares weekly inflow report on Monday revealed that crypto investment products hit record-breaking inflows of $2 billion in just the first week of June, outperforming inflows for the whole of May. Bitcoin and Ethereum ETFs saw record-breaking inflows in the first week of June, totaling $2 billion. This brings the five-week run of consistent ETF inflows to a whopping $4.3 billion, according to a report from CoinShares. Geographically, the majority of inflows came from US crypto ETFs, with a cumulative $1.98 billion inflow last week. The recently launched UK crypto ETNs have underperformed, with only about $500K in ... (full story)
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- Posted: Jun 10, 2024 8:04pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 265
