Crypto Funds Surge: Last week, Bitcoin funds at firms like BlackRock, Bitwise, and Fidelity saw record inflows of $2.45 billion globally. Year-to-date inflows now stand at $5.2 billion, with assets under management reaching $67 billion, the highest since December 2021. US Dominance: The United States accounted for 99% of the weekly inflows, totaling $2.4 billion. This indicates a growing interest in US spot Bitcoin ETFs. Switzerland and Germany saw modest inflows, while Sweden experienced outflows. Bitcoin and Altcoins: Bitcoin investment products dominated with 99% of the inflows. Ether led altcoin-based funds with $21.1 million in inflows, while Solana funds faced $1.6 million in outflows due to network downtime.
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Crypto Funds Surge: Last week, Bitcoin funds at firms like BlackRock, Bitwise, and Fidelity saw record inflows of $2.45 billion globally. Year-to-date inflows now stand at $5.2 billion, with assets under management reaching $67 billion, the highest since December 2021.
US Dominance: The United States accounted for 99% of the weekly inflows, totaling $2.4 billion. This indicates a growing interest in US spot Bitcoin ETFs. Switzerland and Germany saw modest inflows, while Sweden experienced outflows.
Bitcoin and Altcoins: Bitcoin investment products dominated with 99% of the inflows. Ether led altcoin-based funds with $21.1 million in inflows, while Solana funds faced $1.6 million in outflows due to network downtime.

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