Institutional Investors Pour $1.3 Billion into Crypto Products
- Institutional investors contributed $1.3 billion to crypto products in the past week.
- Total inflows for the year reached $7.3 billion.
- Assets under management in ETPs decreased to $163 billion from a peak of $181 billion in January.
- The US led with $1 billion in inflows, followed by Germany ($61 million), Switzerland ($54 million), and Canada ($37 million).
- Ethereum saw significant buying with $793 million in inflows, surpassing Bitcoin’s $407 million.
This week marked the fifth consecutive week of inflows into digital asset investment products, totaling $1.3 billion, with Ethereum leading the charge at $793 million, surpassing Bitcoin for the first time this year.
Source (2.6)https://dailyhodl.com/2025/02/10/ethereum-steals-the-show-as-institutional-investors-buy-on-weakness-according-to-coinshares/?rand=59076