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Author Topic: Crypto Fund Inflows Hit Record $1.5B as Bitcoin Futures ETFs Go Live  (Read 279 times)

Offline Tanimariya

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Bitcoin dominated this week’s inflows, with a 99% share. Last week, bitcoin’s weekly inflows were at $70 million. Investors pumped a record $1.47 billion of new money into digital asset investment products last week, fueled by a rally in cryptocurrencies and the launch of the first bitcoin futures exchange-traded fund, a report Monday by CoinShares showed.

The increase in flows came as bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, surged to an all-time high of $66,974 last week. Source Link


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