The Kobeissi Letter
The Kobeissi Letter|May 13, 2025 13:15
BREAKING: Crypto funds posted 882 million in net inflows last week, marking the 4th consecutive weekly inflow. Bitcoin funds accounted for the majority of inflows, at 867 million. Year-to-date, investors have poured a whopping 6.7 billion into crypto funds. As a result, US-listed ETFs have recorded cumulative net inflows of 62.9 billion since their launch in January 2024. Meanwhile, Bitcoin has risen ~28% since its April 7th low. Bitcoin is preparing for new all time highs.
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