Crypto investment product inflows hit record $9 billion YTD

According to a report published by CoinShares, Bitcoin was responsible for the majority of inflows last week, bringing in $98 million that helped push its assets under management to a record $56 billion.

After Bitcoin came Ethereum, the second-largest cryptoasset by market capitalization, which brought in $17 million, pushing its total assets past the $21 billion mark for the first time. Cardano (ADA) notably saw inflows totaling $16 million last week. Solana (SOL) came next, with inflows totaling $9.8 million.