Crypto Investment Products Soar as Bitcoin Miners Eye AI Revenue Boost
Crypto investment products recorded $1.65 billion in inflows during the first three trading days of the week, according to CoinShares, following a previous week's record $2.94 billion.
The latest figures indicate continued demand for cryptocurrency investment products, with Bitcoin and Ethereum attracting $976 million and $478 million, respectively.
CoinShares also highlighted a developing trend among listed Bitcoin miners, projecting that revenue generated from artificial intelligence-related activities could increase substantially as constraints on U.S. data-center power infrastructure become more pronounced.