Bitcoin leads $1.2B weekly inflows into crypto investment products

Crypto ETPs see $1.2 billion inflows in fourth straight week as Bitcoin leads gains and blockchain equity ETFs hit record demand, CoinShares reported.

Cryptocurrency investment products continued their run of inflows last week as Bitcoin traded at its highest levels since early February.

Crypto exchange-traded products (ETPs) recorded $1.2 billion in inflows last week, marking their fourth week of consecutive gains, CoinShares reported Monday.

The inflow streak is the largest so far this year, as the four-week total reached about $3.9 billion, surpassing the previous four-week run of $2.9 billion in March.

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