Crypto funds see sixth straight week of inflows; Bitcoin tops $81K amid rising institutional interest

The cryptocurrency market is gaining momentum with six consecutive weeks of inflows into crypto exchange-traded products (ETPs), led by Bitcoin which surged above $81,000. Institutional investors are driving this growth, with Bitcoin products attracting $706 million last week and total monthly inflows reaching $1.34 billion. Other major altcoins like Ethereum and XRP also saw significant inflows, supported by positive regulatory developments and increased market confidence. This trend suggests a potential new bull phase as institutional capital continues to flow into the crypto space, pushing prices higher and encouraging longer-term holding among traders.