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Weekly Inflows into Crypto Funds Reach 1.9 Billion Amid Surging Bitcoin Prices

Digital asset investment products kept their momentum going last week, with continued capital flowing into the market. Bitcoin hovered near its recent peak, while Ether briefly crossed the $2,800 mark for the first time since February.

According to CoinShares, exchange-traded crypto products (ETPs) brought in $1.9 billion during the most recent trading week, pushing the nine-week total to $12.9 billion. This latest bump also helped push year-to-date (YTD) inflows to a new record of $13.2 billion.

The total value of crypto ETPs under management also climbed, rising to $179 billion from $175.9 billion the week before. Bitcoin-related investment vehicles led the charge, bouncing back from two weeks of slight outflows to bring in $1.3 billion in fresh investments. Even short-BTC products saw some activity, pulling in $3.7 million, although their overall asset base remains relatively low at $96 million.

Ether investment products came in second, drawing in $583 million over the week. Coinshare noted that this was the strongest weekly performance for ETH-based products since February, with Wednesday alone bringing in a record $256 million—the most in a single session since December 2024.

XRP, which had been seeing steady outflows for three weeks, flipped the trend and collected $11.8 million. Sui-linked products also drew in $3.5 million during the same time.

In ETFs, BlackRock’s iShares products stood out with $1.5 billion in inflows, raising their YTD total past $14.2 billion. Other U.S.-based crypto ETFs posted modest gains of up to $95 million for the week, while Europe’s CoinShares XBT issuer saw $17 million in outflows.

Despite the ongoing streak of weekly gains, many issuers are still in the red for the year. Grayscale, in particular, has seen over $1.6 billion exit its funds. On the other hand, ProShares is the only U.S. issuer showing positive YTD figures, with $437 million in inflows so far.

CoinShares’ head of research, James Butterfill, said that crypto markets held up well despite global tension, including the recent conflict between Israel and Iran. The rising risk pushed some investors toward safer assets like gold, which jumped to $3,448.

Bitcoin, which reached around $110,000 early last week, dropped to $103,000 after Israel reportedly launched strikes on Iran’s nuclear sites. However, it managed to bounce back and close the week at $106,000. Ether also saw price swings, sliding from $2,869 to $2,473 before recovering some ground.

Crypto firms like Riot Platforms Inc. (NASDAQ: RIOT) will be watching how the current geopolitical tensions could impact the crypto industry in the short to medium term.

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