CoinShares: Crypto Investment Products Drew $3.5B Last Week
- —Weekly net inflows into crypto products totaled about $3.5 billion
- —Bitcoin ETFs drew $2.38 billion; ether ETFs added $690 million
- —Five consecutive days of inflows; Monday slowed to $31 million and $17 million
- —HYPE hit a record $99 on Sept. 23 before retreating to about $88
Why it matters: The sharp rebound in inflows after two soft weeks signals returning institutional demand for BTC and ETH.
Source: PANews