The price of Bitcoin has pushed to reach new all-time highs above $72,000, spurred by record-breaking weekly inflows into crypto funds.
The price of Bitcoin (BTC) has surged to reach new all-time highs above $72,000, following a record-breaking week of inflows into crypto exchange-traded products (ETPs).
According to a March 11 post from CoinShares analyst James Butterfill, crypto investment products generated a record-breaking $2.7 billion worth of inflows as of March 8.
Year-to-date crypto ETPs have generated $10.3 billion worth of inflows, which is already nearly on par with the total $10.6 billion worth of inflows crypto ETPs witnessed throughout the whole of 2021.
