Crypto funds see 5th week of inflows as Bitcoin hits highest close since January

Crypto investment products recorded inflows for the fifth consecutive week, adding $117.8 million last week, led by Bitcoin which reached its highest daily close since January by surpassing $81,000. Institutional demand remains strong for Bitcoin, which dominated fund allocations and sustained its price rally for over four weeks. Meanwhile, Ethereum saw outflows and lagged behind Bitcoin, with its price near $2,385 and a declining ETH/BTC ratio, indicating a preference for Bitcoin among investors. This trend highlights Bitcoin's continued market dominance amid a broader crypto recovery.