Crypto Funds See $176M Inflow in Biggest Weekly Haul Since 2021 Bull Run
• Serious investors poured $176M into crypto funds last week, the largest 10-week inflow since Oct 2021 Bitcoin bull run • Total assets under management for crypto funds up 107% in 2022 to $46.2B, but still 47% below 2021 peak • Inflows last this high in Oct 2021 when Bitcoin futures ETF launched and Bitcoin traded near $64K • Bitcoin the main beneficiary with $133M inflows; Ethereum funds see $31M inflows • Analysts say spot Bitcoin ETF approval could further boost inflows and spark a new bull run