Crypto Funds Weekly Inflows Surge to Record of $2.7B
Summary
Digital asset investment funds recorded $2.7 billion of inflows in a week, raising the total to $10.3 billion year-to-date, as per CoinShares. Bitcoin accounted for $2.6 billion of these inflows, as U.S.-based spot ETFs continued to add coins daily during a significant price rally. Bitcoin inflows now represent 14% of bitcoin assets under management. Solana also saw notable activity with $24 million of inflows in the same week. Bitcoin reached a new all-time high, surpassing $72,000.
