Bitcoin Products Dominate $66M in Crypto Fund Inflows Despite Outflows From Futures ETFs
-
Investments into institutional crypto products totaled $66M last week, with 83.7% ($55.3M) going to Bitcoin products.
-
Bitcoin futures ETF saw $10.7M outflows last week, but took in $238M in January amid spot ETF hype.
-
Recent 4 weeks saw $179M inflows, lower than $807M in June after BlackRock's spot Bitcoin ETF application.
-
Solana was top altcoin with $15.5M inflows last week, totaling $74M inflows year-to-date.
-
Ethereum saw $7.4M outflows last week due to concerns over centralization and declining node operator returns.