Crypto fund inflows extend fourth consecutive week.

According to CoinShares, inflows to crypto investment products from April 8–14 rose to $114 million, up from $57 million a week earlier.

Total inflows over the past four weeks reached $345 million. Previously there had been a six-week run of outflows totaling $408 million.

Bitcoin remained in investors’ focus. Digital-gold-related products accounted for 92% of total inflows ($104 million), vs 98% ($45 million) a week earlier.

The data reflect a flight to safe assets — investors are wary of the persistent problems in TradFi, — analysts said.

Structures enabling short positions on Bitcoin attracted $14.6 million. In the prior period, $0.6 million had been withdrawn from them.

Successful activation of the Shapella update did not boost demand for Ethereum funds. They recorded inflows of $0.3 million ($0.6 million a week earlier).

In the altcoins space, attention turned to outflows from Solana- and Polkadot-based products—$2.1 million each.

Analyst Yasin Elmandjra of Ark Invest forecast Bitcoin reaching $1 million in the next decade .

According to a survey, major industry players remain bullish and foresee prices rising to $100,000. Bank of America analysts also foresee a continuation of the rally in digital gold.