Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a safe-haven asset.
Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week, led by $793 million into Bitcoin (BTC), CoinShares reported on Monday.
The inflows mark three consecutive weeks of positive flows totaling $2.7 billion, driving net inflows to around $1.2 billion year-to-date.
CoinShares’ head of research, James Butterfill, said the rising momentum over the past few weeks underscores the resilience of digital assets, particularly Bitcoin, as a “relative safe haven” compared with other asset classes.
Since the onset of the Iran crisis, total assets under management (AuM) in digital asset ETPs…
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Source cointelegraph.com
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