Crypto investors have infused $3.2 billion - CoinShares

Crypto investors have infused $3.2 billion into digital asset investment products over the past three weeks, signaling strong bullish sentiment, according to CoinShares. Last week alone saw $1.35 billion invested, predominantly in ETFs, leading to a 45% week-on-week volume increase in crypto-backed funds.

 
Bitcoin (BTC) products, especially in the U.S., were the primary beneficiaries, attracting $1.24 billion between July 15 and July 19. Wall Street’s spot Bitcoin ETFs experienced net inflows for 11 consecutive days before last week’s surge, with products from issuers like BlackRock and Grayscale amassing over $60 billion in assets and $17 billion in net inflows since January, as reported by SoSoValue.