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