Record-breaking $1.03 billion inflows in cryptocurrency investment products, total $188 billion AUM
Cryptocurrency investment products saw $1.03 billion in inflows last week, breaking year-to-date records with a total of $19 billion inflows and $188 billion in assets under management (AUM) in crypto ETPs. Bitcoin led the inflows with $790 million, while Ether followed with $225 million, indicating a shift in investor sentiment towards Ethereum. BlackRock’s crypto funds handled the majority of last week’s inflows at $436 million.
Read more at Cointelegraph: Crypto ETPs Print New AUM And Inflow Highs: CoinShares