Crypto funds post .7B inflows as Bitcoin soars to new highs

Crypto funds post $3.7B inflows as Bitcoin soars to new highs

Crypto ETPs experienced another week of strong inflows, with investors pouring in $3.7 billion and total assets reaching a new all-time high of $211 billion. Cryptocurrency investment products experienced strong inflows during the last trading week, amid Bitcoin surging to historic highs of $118,000. Global crypto exchange-traded products (ETPs) recorded $3.7 billion of inflows for…

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Crypto funds post B inflows with net assets breaking new highs

Crypto funds post $1B inflows with net assets breaking new highs

Bitcoin ETPs saw $790 million of inflows last week, a slowdown from the previous three-week average of $1.5 billion, with dynamics shifting in favor of Ether, according to CoinShares. Cryptocurrency investment products clocked another week of inflows last week, even as volatility persisted across major digital assets, including Bitcoin and Ether. Global crypto exchange-traded products…

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Ethereum whales are buying the most ETH since 2018

Ethereum whales are buying the most ETH since 2018

Ethereum’s drivers are now different, but the ETH price is consolidating in a multimonth range, echoing its 2017 chart pattern, which resulted in a 1,000% rally. Key takeaways: Ethereum whales accumulated over 818,000 ETH ($2.5B) on June 15, their biggest daily inflow since 2018. ETH price is consolidating inside a multimonth range, mirroring its 2017…

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