Digital asset investment vehicles have extended their impressive streak of inflows to nine consecutive weeks, as Bitcoin approached record highs and Ethereum briefly regained the $2,800 level.
Data from CoinShares reveals that cryptocurrency ETPs attracted $1.9 billion last week, bringing the total for the streak to $12.9 billion.
The sector has now reached a milestone of $13.2 billion in inflows so far this year, according to James Butterfill, research director at CoinShares.
Bitcoin products led the way with inflows of $1.3 billion, while Ethereum products had their best week since February with $583 million in inflows.