Crypto News – The crypto asset manager CoinShares said in a report on Monday that the crypto investment products with the biggest inflows last week were spot Bitcoin exchange-traded funds, which were introduced in January.
CoinShares Digital Asset Report: ETFs Received $1.1 Billion Inflows Last Week
CoinShares reported that since their introduction on January 11, Bitcoin ETFs have received inflows of $1.1 billion, bringing their total value to $2.8 billion. The Block’s data indicates that this is the greatest weekly inflow level since the launch of bitcoin spot ETFs.
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According to CoinShares, BlackRock and Fidelity have been leading the group with inflows of $693.6 million and $522.6 million, respectively, last week. The majority of inflows went toward Bitcoin-related goods, with Ethereum and Cardano coming in second and third.
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