Coinspeaker
Unprecedented Weekly Inflow of $2.5 Billion for Bitcoin ETFs

Bitcoin ETF products have witnessed an unprecedented weekly inflow, totaling nearly $2.5 billion globally. This surge has propelled the assets under management (AUM) at crypto funds back to their December 2021 levels.

Photo: CoinShares

Record Inflows and the Rise of Bitcoin ETFs

Photo: ETF.COM

The last week has seen crypto funds, including those managed by industry giants like BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares, register record inflows. This inflow is dominated by the newly introduced US spot Bitcoin exchange-traded funds (ETFs), bringing the year-to-date inflows to an impressive $5.2 billion.

The rising inflows coincide with an increase in ...