Ethereum investment products see inflows for the second consecutive week, total new investment of 290 billion yen

As of the 2nd, cryptocurrency Ethereum (ETH)-related investment products have seen positive inflows for two consecutive weeks. In addition, between April 27 and May 2, the inflow recorded $149 million. CoinShares reported.

Inflows into cryptocurrency products in general, including ETFs and mutual funds, reached $2 billion last week. According to CoinShares, more than 90% of that, or about $1.9 billion, came from U.S.-based funds.

Net inflows over the three weeks have risen to $5.5 billion, and net inflows since the beginning of the year to $5.6 billion...