Crypto funds see $2.5B inflows despite falling BTC, ETH prices

Crypto ETPs attracted $2.48 billion in inflows last week, offsetting the prior week’s $1.4 billion in outflows despite market turbulence.

Cryptocurrency investment products attracted renewed inflows last week, offsetting the prior week’s $1.4 billion outflows.

Crypto exchange-traded products (ETPs) logged $2.48 billion in inflows last week, data from CoinShares showed Monday.

Despite inflows, Bitcoin (BTC) struggled in terms of market price, slipping under $108,000 after briefly trading above $113,000 earlier in the week, according to CoinGecko data.

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