Crypto ETPs saw a significant increase in inflows last week, pushing the year-to-date total above $10 billion, as per data from CoinShares.
Global ETPs recorded $3.3 billion of inflows for the week ending May 24, with total YTD inflows reaching a record $10.8 billion.
Bitcoin led last week's inflows with $2.9 billion, while Ether ETPs also saw healthy inflows totaling $326 million for a fifth consecutive week.
XRP ETPs experienced significant outflows despite two bullish developments, as per CoinShares data, marking another record-breaking milestone for crypto ETPs.