According to CoinShares, institutional investors have increased their allocations to crypto as digital asset investment products saw their seventh consecutive week of inflows. Inflows for digital asset investment products totaled $293 million last week, bringing the seven-week run of inflows past the $1 billion mark, with year-to-date inflows at $1.14 billion. Bitcoin ETP investors could be driving much of the inflow volumes, with BTC products seeing inflows last week that totaled $240 million. Ethereum saw its largest inflows since August 2022 of $49 million, with the last two weeks signifying a real turnaround in sentiment.
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