LATEST: Crypto Investment Attracts $2.7 Billion During Impressive 11-week Inflow Run

Digital asset investment products attracted $2.7 billion last week marking the eleventh straight week of inflows and signaling strong investor confidence. The total inflows now stand at $16.9 billion for the year so far keeping pace with 2024 figures. Many see this surge as a result of rising geopolitical tensions and ongoing uncertainty about monetary policies pushing investors toward crypto assets.

The United States led the charge with $2.65 billion of the inflows while Switzerland and Germany saw smaller gains of $23 million and $19.8 million. Outflows were minor in Canada Hong Kong and Brazil with Hong Kong experiencing a total of $132 million in outflows this June. This follows recent price surges in that market.

Bitcoin dominated the inflows drawing $2.2 billion last week alone while short Bitcoin products saw outflows of $2.9 million highlighting strong bullish sentiment. Ethereum also remained popular gaining $429 million in inflows. Solana saw modest gains with inflows of $91 million for the year. Crypto investment demand remains strong despite global uncertainties.

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