🔗 Crypto & Blockchain

$1.1B Crypto Fund Inflows: Bitcoin Leads Surge [CoinShares]

Bitcoin products sucked in over $1.1 billion last week, the biggest crypto fund haul since January. Easing inflation and geopolitics lit the fuse—but don't pop the champagne yet.

Chart showing $1.1 billion crypto fund inflows led by bitcoin products from CoinShares report

⚡ Key Takeaways

  • Crypto funds saw $1.1B inflows last week, strongest since January, led by $938M into bitcoin products. 𝕏
  • Easing inflation and geopolitics drove the surge, but it's likely a relief rally tied to macro relief. 𝕏
  • ETFs dominate with U.S. investors leading; alts like Ethereum lag far behind. 𝕏
  • Bold prediction: Fed cuts could propel BTC to $80K, mirroring 2019 dynamics. 𝕏
Priya Patel
Written by

Priya Patel

Crypto markets reporter covering Bitcoin, Ethereum, altcoins, and on-chain market dynamics.

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Originally reported by The Block

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