Strong Inflows in Bitcoin-Tied Investment Funds

By Kevin

Bitcoin-tied investment funds saw $116 million in inflows last week.

Digital asset investment products saw $117 million in inflows, with Bitcoin accounting for $116 million of that.

Largest digital asset inflows since July 2022.

Bitcoin holding onto recent gains, up 42% YTD and 39% in past 30 days.

Cumulative AUM of crypto funds rose to $28 billion, up 43% from November lows.

Multi-asset investment products saw outflows for 9th consecutive week, amounting to $6.4 million.

Investors preferring select investments, evident in inflows in Solana, Cardano and Polygon.

Germany saw largest inflows, followed by Canada, the US, and Switzerland.

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