Crypto Fund Inflows of $293M Bring Yearly Total Above $1B: CoinShares
Cryptocurrency funds have received over $1 billion in net inflows this year, with $293 million coming in just the past week.
Bitcoin funds accounted for the majority of the net inflows last week, while Ether funds also saw a significant increase.
The rally in the crypto market is fueled by optimism about the potential approval of a spot bitcoin ETF and the application for a spot ether ETF by BlackRock.