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Crypto Investment Products Surge Adding 644M

Crypto Investment Products See $644 Million Inflows After Prolonged Outflows

  • Cryptocurrency investment products recorded $644 million in inflows last week.
  • This marks a reversal after five consecutive weeks of outflows totaling $5.4 billion.
  • The U.S. contributed the majority of inflows, with $632 million invested.
  • Ethereum experienced significant outflows, losing $86 million in investments.
  • Investors from Switzerland, Germany, and Hong Kong added a combined $31 million to crypto products.

After five weeks of outflows amounting to $5.4 billion, cryptocurrency investment products saw a positive shift with $644 million in inflows last week, largely driven by U.S. investors contributing $632 million.

Source (2.6)https://decrypt.co/311348/crypto-investment-products-reverse-streak-add-644-in-assets?rand=52368
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