Bitcoin and Ethereum ETF Investments Have Already Topped 2024
Bitcoin and Ethereum ETFs attracted $3.17 billion last week, pushing the year's crypto fund flows above last year's mark.
According to a report from crypto asset manager CoinShares, Bitcoin funds pulled in $2.6 billion and Ethereum funds saw $338 million worth of new deposits.
- Year-to-date crypto fund deposits: $48.7 billion
- Last week's inflows: $3.17 billion
"Friday saw little reaction with a paltry $159m outflows,"
CoinShares Head of Research James Butterfill noted that it's unlikely retail traders were the ones selling their Bitcoin and Ethereum ETF shares on Friday.
Author's summary: Crypto ETFs broke 2024 records.
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