Crypto Funds Experience $1 Billion Inflows, Driven by Spot Bitcoin ETFs

Crypto Funds Experience $1 Billion Inflows, Driven by Spot Bitcoin ETFs

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Crypto Exchange-Traded Products (ETPs) have reversed a five-week trend of outflows, recording a significant $1 billion in inflows last week. This positive shift was largely propelled by US spot Bitcoin ETFs, which alone attracted $787 million, effectively ending a nearly $4 billion outflow streak.

Crypto funds rebound with $1B inflows after five-week slump

Crypto ETPs saw $1 billion in inflows last week, led by $787 million into US spot Bitcoin ETFs, ending a five-week outflow streak of nearly $4 billion