Digital Assets See $224 Million in Weekly Inflows Amid Mixed Market Sentiment
- Investors added $224 million to digital asset products last week.
- XRP led inflows with $119.6 million, marking its largest weekly gain since mid-December.
- Bitcoin (BTC) saw $107.3 million in investments but has net outflows of $145 million for the month.
- Ethereum (ETH) experienced outflows of $52.8 million due to regulatory concerns over staked ETH products.
- Switzerland accounted for the majority of inflows at $157.5 million, followed by Germany and Canada.
The recent report indicates a modest recovery in digital asset investments, although sentiment turned slightly bearish later in the week due to geopolitical tensions and mixed economic signals. The upcoming US crypto market structure bill could significantly affect Ethereum staking and yield-bearing stablecoins.
Overall, while XRP and Bitcoin attracted substantial inflows, Ethereum’s losses reflect growing investor caution amid regulatory uncertainties. (Source)
