Crypto funds have seen record inflows since the end of the 2021 bull market, according to CoinShares. Cryptocurrency investment products have attracted $767 million over the past six weeks, including $261 million last week.
Bitcoin [BTC] funds have led the way with $229 million in the week and $842 million year-to-date, buoyed by rising chances of a Bitcoin ETF being approved in the U.S.
Ether [ETH] funds have seen their largest inflows since August 2022, with $17.5 million in Solana [SOL] and Chainlink [LINK] funds raising $11 million and $2 million, respectively.