Global crypto investment products at asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares and 21Shares registered net inflows totaling $2 billion in the first week of June, a fifth-consecutive week of positive inflows, according to CoinShares' latest report.

Last week’s net inflows matched those for the whole of May, bringing the five-week streak to a total of $4.3 billion and assets under management above the $1 billion level for the first time since March. Trading volume was also up last week, generating $12.8 billion, 55% more than the week prior, CoinShares Head of Research James Butterfill wrote.

“Unusually, inflows were seen across almost all providers, with a continued slowdown in outflows from incumbents,” Butterfill said. “We believe this turn …