Crypto Surge: $2.2B Institutional Inflows

Record $2.2 Billion Inflows into Digital Asset Investment Products

• Digital asset investment products saw inflows of $2.2 billion last week.
• Year-to-date inflows have reached $2.8 billion.
• Total assets under management hit a record high of $171 billion.
• The US accounted for $2 billion of the inflows, with Switzerland and Canada contributing $89 million and $13 million, respectively.
• Bitcoin investment vehicles received the majority share with $1.9 billion in inflows.

This surge in digital asset investments, largely driven by Bitcoin’s popularity, has led to an all-time high in total assets under management, reaching $171 billion.