Crypto Product Inflows Soar to Record High, CoinShares Says
- Last week saw a record $2.7 billion flow into crypto assets
- Spot Bitcoin ETFs, upcoming Bitcoin halving help drive surge
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A wave of investor interest is driving billions of dollars into cryptocurrency assets this year, pushing inflows to record-breaking levels, according to CoinShares International Ltd.
A record $2.7 billion flowed into crypto assets last week, according to a Monday report from the digital asset manager and crypto research firm. The bulk of the flows went toward Bitcoin, reads the report. Earlier on Monday, Bitcoin topped $72,000 for the first time ever, and has now notched six straight days of gains.