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Encrypted ETPs have experienced net inflows for five consecutive weeks, with a total inflow of over $4 billion in five weeks.
Golden Finance reports that on May 5th, CoinShares released a report showing that last week, global crypto asset ETPs recorded a net inflow of $117.8 million, marking the fifth consecutive week of net capital inflows, with a total inflow of over $4 billion over five weeks, and a total assets under management of approximately $155 billion.
Bitcoin-related products led the way, with a weekly inflow of $192.1 million, of which U.S. spot ETFs contributed about $162.8 million; Ethereum products saw a net outflow of $81.6 million. Analysis suggests that the number of participating assets was reduced from 9 to 4, indicating that market sentiment weakened significantly mid-week, followed by a recovery.