Crypto funds see $2.5B inflows despite falling BTC, ETH prices

Crypto ETPs attracted $2.48 billion in inflows last week, offsetting the prior week’s $1.4 billion in outflows despite market turbulence.

Cryptocurrency investment products attracted renewed inflows last week, offsetting the prior week’s $1.4 billion outflows.

Crypto exchange-traded products (ETPs) logged $2.48 billion in inflows last week, data from CoinShares showed Monday.

Despite inflows, Bitcoin (BTC) struggled in terms of market price, slipping under $108,000 after briefly trading above $113,000 earlier in the week, according to CoinGecko data.

Read more

Subscribe for The Latest Crypto News and deals.

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

World Wide Crypto will use the information you provide on this form to be in touch with you and to provide updates and marketing.