Record Week: Bitcoin ETFs Net $2.5 Billion In Inflows, Ethereum ETFs Took In $1.2 Billion
Posted On December 9, 2024
Digital asset investment products saw their highest-ever weekly inflows last week, totaling $3.85 billion, smashing the prior record set just weeks ago.
This surge brought total year-to-date (YTD) inflows to $41 billion and assets under management (AuM) to a new high of $165 billion, according to a Coinshares report released on Monday.
For context, prior cycle highs in 2021 saw inflows of $10.6 billion and AuM of $83 billion.
“This week’s inflows underscore a growing institutional and retail appetite for digital assets,” the report stated.
“Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) remain dominant players, reflecting confidence in these flagship cryptocurrencies.”
Bitcoin led the …
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