LATEST: Crypto Investment Products See $3.4 Billion Inflows, Highest Since December 2024

Digital asset investment products witnessed a massive inflow of US$3.4 billion last week marking the largest surge since December 2024 and the third biggest weekly inflow ever. Investors are increasingly turning to digital assets seen as a safe haven amid concerns over corporate earnings and the weakening US dollar.

US investors led the charge with US$3.3 billion in inflows while Germany and Switzerland also showed strong support with US$51.5 million and US$41.4 million respectively. Bitcoin dominated the scene attracting US$3.18 billion boosting total assets under management to US$132 billion the highest since February this year.

Ethereum saw a positive turnaround with US$183 million in inflows after an eight week streak of outflows. Altcoins like Sui and XRP also attracted fresh investments of US$20.7 million and US$31.6 million respectively. Blockchain equities especially

bitcoin mining related ETFs enjoyed an inflow of US$17.4 million showing renewed investor confidence in the crypto market.

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