BREAKING: Crypto funds attracted +$1.4 billion in inflows last week, the highest weekly inflow since the 3rd week of January. This marks the 7th weekly inflow out of the last 8, the strongest streak since October. Bitcoin funds led with +$1.1 billion, bringing year-to-date total to +$3.1 billion. At the same time, Ethereum funds attracted +$328 million, their strongest weekly intake since January, bringing year-to-date total to +$197 million. Inflows were equivalent to 0.91% of total assets under management (AUM) last week, the highest weekly proportion year-to-date. As a result, the total AUM of crypto funds surged to $155 billion. Risk appetite in crypto is rapidly returning.

BREAKING: Crypto funds attracted +$1.4 billion in inflows last week, the highest weekly inflow since the 3rd week of January.

This marks the 7th weekly inflow out of the last 8, the strongest streak since October.

Bitcoin funds led with +$1.1 billion, bringing year-to-date total to +$3.1 billion.

At the same time, Ethereum funds attracted +$328 million, their strongest weekly intake since January, bringing year-to-date total to +$197 million.

Inflows were equivalent to 0.91% of total assets under management (AUM) last week, the highest weekly proportion year-to-date.

As a result, the total AUM of crypto funds surged to $155 billion.

Risk appetite in crypto is rapidly returning.