CoinShares’ weekly report reveals a surge in year-to-date inflows into crypto investment products, hitting a historic $14.9 billion. The influx, marking the third consecutive week of growth, saw Bitcoin-related products leading with $1.01 billion. Ethereum products also saw a rise, likely tied to recent ETF approvals in the U.S. However, Hong Kong’s ETF market witnessed significant outflows, totaling $80 million this month.
Global crypto investment YTD inflows reach record $14.9 billion driven by Bitcoin ETFs
by Crypto Oasis | May 28, 2024 | Industrial | 0 comments