According to a report from CoinShares, Bitcoin ETFs attracted significant investment last week, with $867 million in net inflows out of a total of $882 million for crypto funds. As Bitcoin's price remained stable at around $104,368, it experienced a gain of 10.9% over the week and 25.1% over the past month. This surge is attributed to factors such as an increase in the M2 money supply, concerns about stagflation in the U.S., and various states recognizing Bitcoin as a strategic reserve asset. Meanwhile, Ethereum ETFs saw minimal activity with only $1.5 million in inflows, while up-and-coming cryptocurrencies like Sui garnered more interest with $11.7 million in net inflows. The substantial interest in Bitcoin reflects a broader trend in institutional investing, highlighting Bitcoin's dominant role in the market and renewed investor confidence in the cryptocurrency space.

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