CoinShares: Optimism from interest rate cuts drives $921 million inflow into digital asset products

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According to Foresight News and a report from CoinShares, last week, digital asset investment products saw an inflow of $921 million, supported by increased investor confidence following lower-than-expected U.S. CPI data. The largest inflow came from the U.S., amounting to $843 million, while Germany also experienced strong inflows of $502 million, and Switzerland had an outflow of $359 million, attributed to asset transfers rather than sales. Bitcoin dominated, with inflows reaching $931 million, while Ethereum saw an outflow of $169 million; ahead of the anticipated U.S. ETF launch, funding flows for Solana and XRP have cooled.

BTC1.17%
ETH3.24%
SOL0.85%
XRP2.02%
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CDCDDCDCvip
· 10h ago
Just go for it💪
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