Bitcoin record high fuels $3.85 billion in crypto investment inflows.
Ethereum sees record inflows, surpassing $1 billion amid strong market sentiment.
Cryptocurrency investment products saw a record surge in inflows, with $3.85 billion invested during the week of December 2–6, 2024, according to CoinShares. This new milestone surpasses the previous record of $3.12 billion set in November when BTC was priced at $98,000.
The inflows coincided with Bitcoin’s historic rise above $100,000, reaching an all-time high of $104,000 on December 5. Bitcoin led the charge, accounting for $2.5 billion of the total weekly inflows, bringing its year-to-date inflows to $36.5 billion. This surge reflects growing institutional interest and confidence in Bitcoin’s continued bullish momentum.
Moreover, Ethereum also set a new record, with Ethereum exchange-traded products (ETPs) seeing $1.2 billion in weekly inflows. This increase came as Ether surged past $4,000 on December 6, contribu
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