Bitcoin ETFs gain $2 billion in bumper week 💰

Crypto funds added more than $2 billion worth of assets last week, with the largest combined inflows since March.

Author

Stephen Graves
June 10, 2024

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📝 What you need to know

Last week was a bumper one for crypto funds, with Bitcoin ETFs gaining nearly $2 billion worth of BTC deposits.

Meanwhile, Ethereum funds saw inflows totaling $69 million, while Solana had $700,000 worth of movement last week. Those inflows, the biggest since March, came as the price of Bitcoin plunged below $69,000 Friday.

To date, Bitcoin ETFs have seen nearly $17 billion in inflows since the start of the year, the majority of which has taken place in the U.S. following the landmark approval of multiple spot Bitcoin ETFs by the SEC in January.

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