Cryptocurrency funds have reported significant inflows, with Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA) and Solana (SOL) leading the charge.
The most recent data from CoinShares indicate a total weekly inflow of $175.6 million across various cryptocurrency products, with Bitcoin alone attracting $154.7 million.
This optimistic trend aligns with expectations around the anticipated approval of a spot-based Bitcoin ETF in the United States.
Dominant Bitcoin and rising altcoins
Bitcoin has…