Crypto Investment Surge: Ethereum Drives $3.75 Billion Inflow

New data from CoinShares highlights a surge in cryptocurrency investment products, with Ethereum leading the charge, attracting a record-breaking $2.87 billion in inflows last week. This marks a significant rise in investor activity since several weeks of subdued risk appetite. Notably, this inflow was primarily driven by U.S.-based investors and concentrated in iShares ETFs. This surge reflects increased interest in Ethereum, bringing the year’s total investment to $11 billion. Comparatively, Bitcoin saw a more modest inflow of $552 million last week.