Crypto Investment Products See Largest Inflow Streak This Year

Crypto investment products have continued their upward trend, with $1.2 billion in inflows recorded last week. This marks the fourth consecutive week of gains for these products, and it's the largest streak so far this year. The total assets under management have risen to $155 billion, reaching a new high since February 1.

Bitcoin was the clear leader in terms of inflows, drawing $932.5 million last week. This brings its year-to-date flows to $4 billion. US-listed spot Bitcoin exchange-traded funds were among the top contributors, recording about $824 million in inflows.

Other assets also saw gains, including Ethereum ETPs, which recorded $192 million in inflows and marked their third consecutive week of gains above $190 million. Ripples XRP funds returned to inflows after recording $56 million in outflows the previous week.