Crypto Investment Products Attract $2 Billion Amid Policy Shifts
- Digital asset investment products saw nearly $2 billion in inflows last week.
- Total investments in digital assets this year have reached $4.8 billion.
- Bitcoin led with $1.6 billion, over 80% of total inflows, despite price fluctuations.
- Ethereum funds gained $205 million, slightly less than the previous week.
- XRP products recorded $18.5 million, a decrease from the prior period.
The surge in crypto investments is largely attributed to recent policy changes and executive orders promoting digital assets, with Bitcoin dominating inflows despite a volatile market performance.
Source (2.6)https://decrypt.co/303112/bitcoin-and-ethereum-etfs-add-1-9-billion-during-trumps-busy-first-week?rand=52368