Bitcoin Funds See Largest Inflows as Investors Anticipate Spot ETF Approval, Though Caution Remains

Bitcoin products took the largest share of inflows last week, netting 84% or $55.3M of incoming funds according to CoinShares.

Crypto investment products saw 4 consecutive weeks of inflows totaling $179M, amid anticipation of a spot Bitcoin ETF approval in the US.

Inflows remain lower than earlier this year after BlackRock's ETF filing, suggesting investors are cautious.

Solana saw the largest altcoin inflows of $15.5M, while Ether saw outflows of $7.4M.

Interest in a Bitcoin spot ETF surged late Sunday amid positive signs for BlackRock and Grayscale filings.