Bitcoin tops $73K as crypto funds attract $1.06B

Bitcoin tops $73,000 as crypto funds attract $1.06B in a week, with the US leading 96% of inflows. Major treasuries boost BTC purchases, reinforcing crypto’s safe haven appeal.

Bitcoin surged past $73,000 at the start of the week, fueled by robust institutional adoption through spot ETFs, which saw $586 million in weekly inflows. Cryptocurrency investment funds attracted $1.06 billion in total inflows, with the United States accounting for 96% of global flows. Bitcoin led with $793 million, followed by Ethereum at $315 million. This marks the third consecutive week of gains for digital asset investment products, strengthening Bitcoin’s reputation as a safe haven amid ongoing geopolitical uncertainty. Major treasuries like Strategy and Metaplanet increased their BTC holdings, raising additional capital for future acquisitions. Total assets under management in digital ETPs climbed 9.4% to $140 billion since the Iran crisis began. Sustained inflows into crypto funds contrast with outflows from traditional funds, highlighting a shift in institutional investor preferences.