Bitcoin ETFs Registered Record $3.12 Billion Net Inflows Last Week

Digital asset investment products experienced their largest weekly net inflows on record last week, totaling $3.13 billion, according to CoinShares.

What Happened: This surge brings year-to-date inflows to an unprecedented $37 billion, driven primarily by Bitcoin ETFs, which alone accounted for $3.12 billion, the report stated.

“This marks the largest single-week inflow we’ve ever recorded,” stated James Butterfill, Head of Research at CoinShares. “Bitcoin’s dominance in these inflows underscores the growing institutional confidence in the asset as a long-term investment.”

Bitcoin (CRYPTO: BTC) attracted the lion’s share of inflows, adding $3 billion to its investment products.

However, the report also noted a $10 million inflow into short-Bitcoin products, reflecting some …

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