Crypto investment products recorded $2.7 billion in inflows globally last week, marking the eleventh consecutive week of inflows and pushing the year-to-date total to $17.8 billion. This surge is attributed to geopolitical volatility and unclear monetary policies. Bitcoin-focused funds led with $2.2 billion, while Ethereum funds saw $429 million in inflows. The U.S. topped regional contributions with $2.7 billion, followed by Switzerland and Germany.
❓ What factors are driving the crypto inflow trend?
The sustained inflows are driven by geopolitical volatility and uncertainty in monetary policies.
❓ Which cryptocurrency funds are leading the inflow?
Bitcoin-focused funds are leading, with $2.2 billion in inflows last week.