Record Inflows Propel Crypto Assets Under Management to $211 Billion, Bitcoin Leads the Charge
In an impressive turn of events, crypto investment products have recorded $3.7 billion in net inflows last week, pushing total assets under management (AuM) above $211 billion. This rise marks the second-largest inflow ever recorded, showcasing a robust interest from investors. Bitcoin led the way with $2.7 billion of new capital, increasing its AuM to $179 billion. The sustained positive streak over the last 13 weeks highlights the growing confidence in cryptocurrencies as long-term investment vehicles. This trend may signal a lasting shift in the financial landscape, welcoming more institutional involvement in the crypto space.