Even as Bitcoin and Ethereum prices fell last week, crypto funds saw $1.24 billion in inflows—proof that investors remain bullish on the long-term outlook.
James Butterfill of CoinShares noted that the resilience in Bitcoin ETPs ($1.1B inflows) suggests traders are capitalizing on lower prices.
Ethereum products also saw $124 million in inflows, extending their streak to nine weeks.
While total AUM dipped to $176.3B due to market declines, YTD inflows hit a record $15.1B, reinforcing strong institutional interest.