Global crypto ETPs draw $716 million in weekly inflows as short products see outflows

Crypto investment products worldwide took in $716 million of net inflows last week, the second straight week of positive flows alongside outflows from short ETPs, according to CoinShares. The gains were driven by strong regional inflows in the U.S., Germany, and Canada and coincided with rising BTC and ETH prices and higher sector assets under management, although those assets remain below their all-time peak.