After an atypical week of outflows, global crypto investment products recorded net inflows of $572 million last week, according to CoinShares' report released on Monday.
The recovery came after $1 billion in withdrawals earlier in the week, which were likely related to weak US employment data, before a $1.57 billion increase following regulators' approval of digital assets in 401(k) plans.
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US, Canadian, and Australian funds led inflows, while Europe remained down. Ethereum products dominated, adding $268 million, as ETH surpassed $4,000.
Year-to-date inflows reached a record $8.2 billion, with total crypto assets under management peaking at $32.6 billion.