Cryptocurrency investment products continued to attract significant inflows last week, as Bitcoin approached new highs of $110,000. Global crypto exchange-traded products (ETPs) witnessed $1.9 billion in inflows during the trading week ending June 13, marking a total of $12.9 billion in inflows over the past nine weeks. According to CoinShares, the year-to-date inflows have reached a record $13.2 billion, with total assets under management in crypto ETPs climbing to $179 billion. Bitcoin led the inflows with $1.3 billion, recovering from minor outflows in previous weeks, while Ether also performed well, contributing an additional $583 million, representing its largest gains since February. Following a three-week streak of outflows, XRP products saw $11.8 million in inflows, along with Sui products gaining $3.5 million. This recovery underscores renewed investor confidence in major cryptocurrencies amidst a rally in prices.

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