menu
techminis

A naukri.com initiative

google-web-stories
source image

TheNewsCrypto

4d

read

195

img
dot

Ethereum Investment Products Drive $286 Million Inflows as Bitcoin Sees Outflows

  • Cryptocurrency exchange-traded products (ETPs) recorded $286 million in inflows last week, led by a strong surge in Ether (ETH) with $321 million inflows, the highest since December 2024.
  • Bitcoin (BTC) ETPs experienced $8 million outflows amid price volatility and a 6% drop to an intraweek low of $103,400, reversing the momentum after six weeks of consecutive inflows.
  • iShares emerged as the top issuer for the week, attracting $790 million inflows despite Bitcoin’s market weakness, contributing to a year-to-date (YTD) inflow of $12.4 billion.
  • ARK Invest and 21Shares faced the largest issuer-specific outflows at $282 million, bringing their YTD total to $22 million in net losses.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app