Ether ETFs Drive Record Cryptocurrency Investments

Cryptocurrency investment products saw a surge in inflows last week, driven by the rapid growth of Ethereum exchange-traded products (ETPs). CoinShares reports global crypto ETPs accumulated $3.75 billion in new investments during the trading week ending Friday, fueled by Ether’s impressive bullish momentum. The token hit its all-time high of $4,700 on Thursday, according to CoinGecko data, contributing significantly to this growth.