Crypto Funds Record $1.06B Inflows Last Week, Led by U.S.-Based Funds
Cryptocurrency investment products recorded $1.06 billion in weekly inflows for the third consecutive week, largely driven by U.S.-based funds. Bitcoin dominated with $793 million in inflows, while Ethereum saw $315 million, partly due to new U.S. staking ETF listings. Solana also contributed, though XRP experienced redemptions. Approximately 96% of the total inflows came from the U.S., with Canada, Switzerland, and Hong Kong also posting positive figures. U.S. spot Bitcoin ETFs recorded a five-day inflow streak with $767.3 million, though year-to-date net flows remain negative. Analysts suggest investors are increasingly viewing Bitcoin as a safe haven during market stress.
TheNewsCrypto03/16 14:38
