Global crypto funds added $785 million in net inflows for the fifth consecutive week

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Global crypto funds added $785 million in net inflows for the fifth consecutive week

TL;DR:

  • Global crypto funds added $785 million in net inflows for the fifth consecutive week, with Ethereum being the "standout performer," contributing $205 million in inflows.
  • Year-to-date inflows have now reached $7.5 billion, recovering from earlier outflows. While Bitcoin-based funds accounted for $557 million in inflows, Ethereum's recovery is attributed to its recent Pectra upgrade and leadership changes.
  • Meanwhile, Solana-based products saw modest outflows, and short-bitcoin products recorded a fourth week of inflows.
  • Regional inflows were strongest in the U.S., Germany, and Hong Kong, while Sweden, Canada, and Brazil saw outflows.

submitted by /u/CriticalCobraz
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