Spot bitcoin ETFs saw $1.1 billion of inflows last week, CoinShares says

Spot bitcoin ETFs saw $1.1 billion of inflows last week, CoinShares says

Spot bitcoin exchange-traded products launched in January led crypto investment products with the largest inflows last week, crypto asset manager CoinShares said in a report on Monday. Bitcoin ETFs saw $1.1 billion of inflows last week for a cumulative total of $2.8 billion since their launch on Jan. 11, CoinShares said. That’s the highest weekly inflow level since the inception of bitcoin spot ETFs, according to The Block’s data. Since January, the new ETFs have collectively amassed over 192,000 BTC …