Bitcoin, ethereum see strong inflows in latest week -CoinShares data

Bitcoin and ethereum, the two largest cryptocurrencies in terms of market capitalization, posted strong inflows last week that saw investments in the sector hit $489 million, the largest since February, CoinShares weekly data showed on Tuesday.

Bitcoin received the lion's share of investor inflows last week of $441.7 million, with $4.2 billion so far this year. The world's largest digital currency posted record weekly outflows the previous week.

Ethereum posted inflows of $30.2 million last week and an all-time peak of $13.9 billion in 2021, data showed.

Total inflows so far this year were $5.45 billion.

Bitcoin, ethereum see strong inflows in latest week -CoinShares data