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Crypto funds draw $1.06B in inflows for third week as Bitcoin leads demand – TON BOT

Crypto funds draw $1.06B in inflows for third week as Bitcoin leads demand

Last week, crypto investment products saw $1.06 billion in inflows despite Middle East tensions impacting broader financial markets. Bitcoin led with $793 million, Ethereum attracted $315 million. U.S. spot Bitcoin ETFs had a five-day inflow streak. Total inflows in the past three weeks were $2.7 billion, driving net inflows to $1.2 billion year to date. Bitcoin ETPs gained $933 million year to date, while XRP saw outflows. Institutional investors favored Bitcoin over altcoins during uncertainty. Bitcoin price passed $73,000, supported by institutional investors and risk sentiment. The market is watching the $74,000 to $74,500 resistance zone.


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