Ethereum Fueling The Fire? Crypto Inflows Hit Over $4 Billion In A Week

Global crypto funds experienced record inflows, reaching $4.40 billion, surpassing the prior high set after the 2024 US elections. This marks the 14th consecutive week of positive flows, boosting year-to-date inflows to $27 billion and assets under management to $220 billion. Trading volume surged, with exchange-traded products turning over nearly $40 billion in a week. Ethereum led the surge, attracting a record $2.12 billion, while Bitcoin saw inflows of $2.2 billion. Ethereum's price climbed significantly, briefly exceeding $3,800 for the first time in over seven months. ETPs accounted for a substantial portion of Bitcoin's total exchange volume, indicating institutional interest. The US market dominated inflows, contributing $4.30 billion, while other regions showed smaller inflows or minor outflows. The significant US demand reflects regulatory certainty and growing acceptance of crypto ETFs. These products now rival traditional asset classes in scale, facilitating easier trading for large investors.