Crypto Funds See $1.9B Inflows Amid Bitcoin Rally

Cryptocurrency investment products extended their inflow streak as Bitcoin hovered near record highs and Ether briefly crossed $2,800 for the first time since February.

According to a Monday report from CoinShares, global crypto exchange-traded products (ETPs) attracted $1.9 billion in inflows during the week ending Friday, pushing the nine-week total to $12.9 billion.

James Butterfill, CoinShares’ Head of Research, noted that the latest inflows pushed year-to-date (YTD) crypto ETP investments to a historic $13.2 billion. Meanwhile, total assets under management (AUM) for crypto ETPs rose slightly to $179 billion, up from $175.9 billion the previous week.

Bitcoin investment products rebounded strongly after two weeks of minor outflows, leading last week’s inflows with $1.3 billion. Short-Bitcoin products also saw modest gains of $3.7 million, though their AUM remained subdued at $96 million.

Ether ETPs followed closely, securing $583 million in inflows—their strongest weekly performance since February, including a record single-day surge.