Ether ETFs smash records as crypto products see $3.75B inflows

Ether continued dominating ETP inflows last week despite Bitcoin printing new highs above $124,000 and ETH only nearing all-time highs.

Cryptocurrency investment products saw another week of strong inflows, largely driven by Ether exchange-traded products (ETPs).

Global crypto ETPs posted $3.75 billion of inflows during the trading week ending Friday, the European crypto asset manager CoinShares reported on Monday.

The inflows came amid a strong bullish momentum for Ether (ETH), with prices nearing all-time high levels above $4,700 last Thursday, according to CoinGecko data.

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