Bitcoin ETFs drove crypto fund gains last week, posting four consecutive weeks of inflows totaling $3.9 billion, according to SoSoValue.
Cryptocurrency funds recorded a second consecutive week of inflows last week, extending the $3.3 billion in gains recorded the week before.
Crypto exchange-traded products (ETPs) logged $1.9 billion in inflows last week, data from CoinShares showed Monday.
Bitcoin (BTC) and Ether (ETH) led the way with inflows of $977 million and $772 million, respectively, while Solana (SOL) and XRP (XRP) also saw strong demand with $127 million and $69 million of inflows.
