Crypto inflows hit $2B in June, Ethereum sees best week since March with $69M: https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1718021603440-YAKIHONNES3.jpg Digital asset investment products started positively in June with almost all providers seeing inflows and recording an overall inflow of $2 billion. On June 10, CoinShares published its weekly fund flows report, highlighting that crypto investment products gathered over $2 billion in inflows. According to CoinShares, June’s initial inflows brought digital asset products’ five-week total to $4.3 billion.
In terms of specific cryptocurrencies, Ethereum had its best week since March, with a total inflow of $69 million . This surge in inflows is likely a response to the unexpected decision by the U.S. Securities and Exchange Commission (SEC) to allow spot-based ETFs on Ethereum