Crypto ETPs Attract $864M Weekly Inflows: Cautious Optimism Persists
Global crypto Exchange Traded Products (ETPs) have experienced significant inflows, totaling $864 million for the week, marking the third consecutive week of positive flows. According to CoinShares Head of Research James Butterfill, this trend reflects a cautiously optimistic investor base. The inflows suggest renewed confidence in digital assets despite ongoing market volatility and regulatory uncertainties. This influx of capital into crypto ETPs indicates growing institutional and retail adoption, potentially driving further price appreciation for underlying assets like Bitcoin and Ethereum. The sustained inflows signal a shift in sentiment, suggesting investors are increasingly viewing crypto as a viable asset class for long-term investment, despite lingering macroeconomic concerns.
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