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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