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Crypto funds post $286M inflows as Ether tops buying: CoinShares

  • Cryptocurrency investment products received $286 million inflows despite Bitcoin's drop to $103,000 last week, maintaining seven weeks of continuous inflows totaling $10.9 billion, as per CoinShares report.
  • Ether (ETH) ETPs led the inflows with $321 million, marking the most robust run since late December 2024, showcasing a significant sentiment boost.
  • XRP (XRP) investment products experienced significant outflows of $28 million last week, marking a second consecutive week of losses.
  • BlackRock's iShares ETFs dominated inflows among issuers with $790 million, while iShares AUM decreased from $74.8 billion to $72.9 billion last week despite major outflows from Bitcoin ETFs.

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