Crypto Inflows Surge to $882 Million as Bitcoin ETFs Set New Records

Recent cryptocurrency market data reveals a significant influx of funds into the digital asset space. The largest driving force was Bitcoin, accounting for nearly $860 million in inflows over the past week, contributing to a record-setting performance for US-listed Bitcoin Exchange Traded Funds (ETFs). This surge follows CoinShare’s report indicating global crypto investment products have gathered around $882 million over the last week, bringing year-to-date inflows to $6.7 billion. While this marks an impressive growth from the initial 2024 figures, it still falls short of the peak recorded in February, at $7.3 billion. Despite this, weekly inflows continue at a robust level, exceeding the overall activity witnessed during the year with $6.3 billion over the past four weeks.