Crypto Investments Reach New Heights: $10 Billion Inflows Driven by Institutional Interest

Last week witnessed a surge in cryptocurrency investments, exceeding $10 billion for the year. CoinShares, a European digital asset manager, reports strong inflows into exchange-traded products (ETPs) as institutional investors seek crypto exposure amidst growing global economic uncertainty. The latest data shows $3.3 billion flowed into ETPs during the week ending May 24th, bringing year-to-date total investments to $10.8 billion. This surge also briefly pushed assets under management to an all-time high of $187.5 billion, demonstrating increasing institutional demand for crypto.