Digital-asset investment products such as Bitcoin futures exchange-traded funds have seen the largest single week of inflows since July of last year.
The funds raked in about $326 million with expectations rising that the US Securities and Exchange Commission is poised to approve a spot-based Bitcoin ETF, according to a report by crypto asset manager CoinShares on Monday. The optimism is also helping to boost demand for so-called altcoins, with Solana-related products seeing $24 million in inflows. Ether, the second largest cryptocurrency after Bitcoin, saw $6 million in outflows.
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