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- Crypto-based exchange-traded products (ETPs) reach assets under management (AUM) of $67 billion, the highest since December 2021. - Record weekly inflows of $2.45 billion for crypto ETPs, with 99% attributed to US-listed ETPs and significant contributions from recently approved spot Bitcoin ETFs. - BlackRock and Fidelity's ETFs collected nearly $2.3 billion of the inflows, while Grayscale's products experienced $623 million in weekly outflows. - Some investors are betting against Bitcoin, adding $5.8 million inflows to short-Bitcoin products. - Ether products saw modest inflows of $21 million, and altcoin ETPs based on Avalanche, Chainlink, and Polygon recorded consistent weekly inflows. - Solana products experienced $1.6 million in outflows, likely due to recent network downtime issues. #ETFsApproval #ETPs #ETPMarket
- Crypto-based exchange-traded products (ETPs) reach assets under management (AUM) of $67 billion, the highest since December 2021.

- Record weekly inflows of $2.45 billion for crypto ETPs, with 99% attributed to US-listed ETPs and significant contributions from recently approved spot Bitcoin ETFs.

- BlackRock and Fidelity's ETFs collected nearly $2.3 billion of the inflows, while Grayscale's products experienced $623 million in weekly outflows.

- Some investors are betting against Bitcoin, adding $5.8 million inflows to short-Bitcoin products.

- Ether products saw modest inflows of $21 million, and altcoin ETPs based on Avalanche, Chainlink, and Polygon recorded consistent weekly inflows.

- Solana products experienced $1.6 million in outflows, likely due to recent network downtime issues.

#ETFsApproval #ETPs #ETPMarket
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