Crypto Funds See Big Week: Bitcoin Leads the Charge

Last week, crypto investment products saw a huge surge in interest. Overall, they pulled in over $2. 17 billion, making it the biggest week for these funds since October. But it wasn't all smooth sailing. On Friday, things took a turn, with $378 million flowing out due to worries about Greenland and new tariffs. Some experts also pointed out that a key figure in U. S. economic policy might stay in his role, which added to the uncertainty. Bitcoin was the star of the show, bringing in $1. 55 billion alone. That's more than 71% of the total inflows for the week. Ether wasn't far behind, with $496 million coming in. Even smaller cryptocurrencies like XRP, Solana, Sui, and Hedera saw some love, though on a much smaller scale.Interestingly, multi-asset and short Bitcoin funds were the only ones to see money leaving, with $32 million and $8. 6 million in outflows, respectively. BlackRock's iShares ETFs led the pack with $1. 3 billion in inflows, followed by Grayscale and Fidelity. The U. S. was the biggest player in this game, contributing $2 billion to the total inflows. Meanwhile, Sweden and Brazil saw small outflows of $4. 3 million and $1 million. With all these inflows, the total assets under management in crypto funds hit a new high of over $193 billion, the first time since early November.