It’s been a monumental week in the world of digital assets, with investment funds seeing a staggering $2.7 billion of inflows, pushing the year-to-date total to an impressive $10.3 billion. This trend suggests that the record annual inflow of $10.3 billion in 2021 could be surpassed as early as next week, not even three months into 2024.
**Bitcoin (BTC)** is at the forefront of this investment wave, contributing $2.6 billion to last week’s inflows. The launch of U.S.-based spot ETFs has played a significant role, with thousands of coins being added daily amid a major price rally. This year, bitcoin inflows have risen to account for 14% of bitcoin assets under management.
Looking at other notable tokens, **Solana (SOL)** also made headlines with $24 million in inflows last week. Moreover, Bitcoin reached a new lifetime high, breaking the $72,000 mark and setting the stage for a potentially groundbreaking year for cryptocurrencies.
Crypto Investment Funds Surge to New Heights with Record Inflows
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