Crypto Funds Record $858M Inflows for Sixth Consecutive Week
Cryptocurrency exchange-traded products (ETPs) attracted $858 million in inflows last week, marking the sixth consecutive week of positive investment flows. This streak represents the longest period of sustained inflows since April to July 2025, bringing the year-to-date total to $4.9 billion. Bitcoin led the surge with $706 million in new investments, driven by improving market sentiment and optimism surrounding US crypto legislation, specifically the CLARITY Act. Consequently, Bitcoin prices surpassed $80,000, pushing total assets under management in crypto ETPs above $160 billion, the highest level since February. In contrast, short-Bitcoin funds experienced their largest weekly outflow of the year at $14 million, indicating a decline in bearish bets. Other major cryptocurrencies also saw gains, with Ether ETFs recording $77 million in inflows, reversing previous losses, while Solana and XRP attracted $48 million and $40 million, respectively. Despite the overall positive trend, late-week profit-taking caused some volatility, with US-listed spot Bitcoin ETFs seeing significant outflows on Thursday and Friday. Analysts attribute the mid-week stall to investors securing profits as Bitcoin reached three-month highs, alongside reduced purchasing activity from certain corporate entities.
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Crypto Funds Record $858M Inflows for Sixth Consecutive Week
Cryptocurrency exchange-traded products (ETPs) attracted $858 million in inflows last week, marking the sixth consecutive week of positive investment flows. This streak represents the longest period of sustained inflows since April to July 2025, bringing the year-to-date total to $4.9 billion. Bitcoin led the surge with $706 million in new investments, driven by improving market sentiment and optimism surrounding US crypto legislation, specifically the CLARITY Act. Consequently, Bitcoin prices surpassed $80,000, pushing total assets under management in crypto ETPs above $160 billion, the highest level since February. In contrast, short-Bitcoin funds experienced their largest weekly outflow of the year at $14 million, indicating a decline in bearish bets. Other major cryptocurrencies also saw gains, with Ether ETFs recording $77 million in inflows, reversing previous losses, while Solana and XRP attracted $48 million and $40 million, respectively. Despite the overall positive trend, late-week profit-taking caused some volatility, with US-listed spot Bitcoin ETFs seeing significant outflows on Thursday and Friday. Analysts attribute the mid-week stall to investors securing profits as Bitcoin reached three-month highs, alongside reduced purchasing activity from certain corporate entities.
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