Crypto funds at asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares registered record inflows totaling $2.45 billion globally last week, according to CoinShares’ latest report.

Dominated by the new U.S. spot Bitcoin exchange-traded funds, year-to-date inflows to digital asset investment products now stand at $5.2 billion.

Combined with recent price increases, assets under management at the crypto investment firms now stand at $67 billion — the highest level since December 2021 amid the peak of the last bull market — CoinShares Head of Research James Butterfill wrote.

According to The Block's data dashboard, bitcoin is currently trading at $52,188 — up nearly 25% year-to-date.