news

Crypto funds see $700 million of inflows as GBTC impact continues to abate

Crypto funds at asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares returned to inflows totaling $708 million globally last week, according to CoinShares’ latest report. Last week’s inflows are the second-largest since the week spot bitcoin exchange-traded funds were launched in the United States on Jan. 11 and the second-largest since the bull market peak of late 2021....