Crypto ETPs See Record Weekly Inflows

The latest data reveals that the digital asset market experienced a significant week, with a record-breaking $3.85 billion flowing into investment products, primarily in Bitcoin.

This milestone surpasses the previous high that was achieved just weeks ago, bringing the total inflows for the year to $41 billion.

Moreover, the total assets under management (AuM) for digital assets have also reached an all-time high of $165 billion, nearly double the previous peak of $83 billion during the 2021 cycle. Bitcoin received the majority share of the latest weekly inflow, with $2.5 billion being invested and bringing its total for the year to $36.5 billion.

This new record follows Bitcoin’s significant achievement in the spot market, where its value hit a new height of $100K last week. After breaking through the $100K barrier, Bitcoin continued to reach a new all-time high of $104,000.