Cryptocurrency investment products saw two weeks of gains, with $716 million inflows last week, following a previous $1 billion. Total assets under management (AUM) now exceed $180 billion, up 8% from November lows after $5.5 billion outflows. Bitcoin attracted $352 million, XRP $244 million, Chainlink with $52.8 million inflow.
Ether funds saw $39 million inflows, short Bitcoin ETPs had $19 million outflows. ProShares had $210 million inflows, BlackRock experienced $105 million outflows. ARK and Grayscale Investments saw $78 million and $7 million outflows, respectively. US, Germany, and Canada led inflows at $483 million, $97 million, and $80.7 million.
Sweden saw $5.6 million outflows last week, totaling $836 million year-to-date outflows, topping global outflows.
Read more at Cointelegraph: Crypto ETPs Surge With Bitcoin And XRP Inflows: CoinShares
