Crypto product inflow streak hits 10 weeks before BTC climbed to $42k

Crypto investment products continue to notch inflows, marking a 10-week stretch with asset injection not seen in more than two years. 

Such offerings brought in $176 million last week, according to a Monday CoinShares report — down from $346 million the week prior.

Source: CoinShares

Still, these products have brought in $1.76 billion total over the active 10-week inflow streak. This is the best stretch since October 2021. That month marked the launch of bitcoin futures ETFs, including the ProShares Bitcoin Strategy ETF (BITO) that quickly grew to having more than $1 billion in assets under management.

Interest in BITO has picked up in recent months as optimism around the potential…

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