CoinShares' weekly report shows that crypto investment products saw a third consecutive week of inflows.
Bitcoin saw inflows of $1.27 billion, with short-bitcoin recording more outflows.
Ethereum-based products outperformed Solana on year-to-date inflows.
Digital asset investment products saw a third consecutive week of net inflows in the past week, totaling $1.35 billion as the crypto market rebounded.
Traditional investors remain bullish on crypto products
Cryptocurrency exchange-traded funds extended their positive net flow streak to a third week after seeing $1.35 billion in net inflows in the past week, according to CoinShares data. The move has brought its three-week run to a whopping $3.2 billion.
The US continued to dominate the geographical landscape, recording $1.28 billion in inflows. Switzerland continued to look good, with inflows worth $66 million. Germany, Brazil, and Hong Kong shed their holdings last week with $5.2 million, $1.7 million and $1.9 million in outflows, respectively. Canada and Australia also saw inflows of $7.8 million and $3.8 million in the past week.
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