Last week, cryptocurrency investment products saw $2 billion in new inflows, bringing the total to $5.5 billion over the past three weeks, as reported by CoinShares. While Bitcoin led the inflows with $1.8 billion, there was a significant drop of 43% from the previous week's $3.4 billion. Total assets under management (AUM) for crypto exchange-traded products (ETPs) increased by 3.3% to $156 billion. Despite the overall positive trend, inflows into Bitcoin were accompanied by a surge in short positions, with short Bitcoin ETPs seeing a 300% increase in inflows. Other cryptocurrencies, including Ether and XRP, recorded inflows of $149 million and $10 million, respectively. BlackRock's iShares dominated the inflow landscape, attracting $2.7 billion, while other issuers such as ARK Invest and Fidelity faced outflows of $458 million and $201 million, respectively, indicating a shift in investor sentiment.

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