📈 Crypto Funds Defy Panic With $1.2B
Despite Price Drops & Global Tensions – Investors Stay Bullish
🔹 $1.24B poured into crypto investment products last week, setting a new YTD inflow record of $15.1B, according to CoinShares.
🔹 Bitcoin (BTC) dominated inflows with $1.1B, even as prices dropped to ~$103K.
🔹 Ethereum (ETH) posted its 9th consecutive week of inflows, totaling $124M.
🔹 BlackRock led the charge with $1.3B in ETF inflows, now holding over 3% of total $BTC supply.
🟡 Despite market jitters (Iran-US tension, BTC correction), investors are buying the dip.
📉 Total AUM dipped slightly to $176.3B due to price declines.
😨 The Crypto Fear & Greed Index briefly dropped to Fear, now back to Neutral.
💡 Smart money sees opportunity in weakness.