Crypto funds post $3.7B inflows as Bitcoin soars to new highs

Key Points

1. Global crypto ETPs recorded $3.7 billion in inflows for the trading week ending Friday, increasing year-to-date inflows to $22.7 billion.

2. Bitcoin ETPs accounted for 73% of total inflows with $2.7 billion, marking a recovery from the previous week's $790 million.

3. Ether ETPs posted their 12th consecutive week of inflows, totaling $990 million, representing 19.5% of its AUM over that period.

4. XRP ETPs experienced the largest weekly outflows at $104 million, while Solana's ETPs saw inflows of $92.6 million.

5. US-based issuers dominated inflows, with BlackRock’s iShares leading, followed by Fidelity Investments and ARK Invest.