Crypto funds recorded net inflows of approximately $1.06 billion last week, marking the highest since the third week of January, according to The Kobeissi Letter. This marks the third consecutive week of inflows, totaling around $2.8 billion, nearly recovering from the $3.9 billion outflows over the previous five weeks. Bitcoin ETFs contributed significantly, with about $793 million, or 75% of the inflows, accumulating approximately $2.2 billion over the past three weeks.
Since the onset of the "US-Iran war," crypto ETF assets under management have surged by approximately $12 billion to around $140 billion, indicating a return of funds to crypto assets amid geopolitical uncertainties.
Crypto Funds See $1.06 Billion Inflows, Led by Bitcoin ETFs
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