From Cointelegraph

May 12, 2025 6:48:00 AM:

Cryptocurrency investment products received $882 million in inflows last week, nearing all-time high asset levels. Global crypto exchange-traded products recorded $6.3 billion in inflows in the past four weeks, accounting for 93% of total inflows year-to-date. Total assets under management in global crypto funds reached $169 billion, closing in on the record $173.3 billion. Bitcoin led with $867 million in inflows, while Ether saw $1.5 million inflows. Sui ETPs gained $11.7 million, but Solana saw outflows.

BlackRock’s iShares products attracted $1 billion in inflows last week, totaling $8.1 billion year-to-date, surpassing industry total of $6.7 billion. Grayscale and Bitwise faced outflows, while Fidelity and ARK saw inflows. The bullish trend in the crypto ETP industry coincided with a crypto market rally, with Bitcoin surpassing $100,000 for the first time since January. Total crypto market capitalization reached nearly $3.5 trillion, driven by various factors including a rise in money supply and macroeconomic risks. Bitcoin traded at $104,407.

Read more at Cointelegraph: US crypto ETFs set new record amid 4-week inflow streak