Speculators jumped into crypto funds last week ahead of the Securities and Exchange Commission approving futures-based exchange-traded funds, CoinDesk reports. The bitcoin (BTC-USD) ETF approval "could prompt further significant inflows in the coming weeks as U.S. investors begin to add positions," CoinShares wrote in a report. Crypto funds tracked by CoinShares have total asset under management of $72.3B, the highest on record. However, inflows to crypto funds totaled $80M for the week ended Oct. 15, down from $225M during the prior week. Meanwhile, bitcoin (BTC-USD) funds continue to "dominate" inflows, totaling $70M last week, CoinDesk notes. Bitcoin (BTC-USD +1.2%) reached as high as $63.5K on Sunday evening before heading a bit lower towards $61.3K on Monday, still up in the past 24 hours. Recall the ProShares Bitcoin ETF is expected to launch on Tuesday as the New York Stock Exchange prepares to list the fund. Previously, (Oct. 18) CME sees
