Crypto ETPs Surge to Record Weekly Inflows of $572 Million

Global cryptocurrency exchange-traded products (ETPs) witnessed a significant surge in inflows last week, reaching a record $572 million according to CoinShares. The data indicates this growth coincides with the bullish rally of Bitcoin and Ethereum prices. Notably, Ether hit $4,000 for the first time since December 2024. This momentum propelled year-to-date inflows to an all-time high of $30.7 billion, exceeding the previous record by a wide margin.