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Inflows into crypto investment products reached $1.76 billion in the past 10 weeks, the highest since October 2021, when the launch of a futures-based ETF (exchange-traded fund) buoyed sentiment, CoinShares said.
Bitcoin Inflows Lead As Crypto Inflows Reached $176 Million Last Week
Bitcoin (BTC) dominated inflows last week with $133 million while short-bitcoin inflows rose to $3.6 million following a three-week run of outflows.
Ethereum received the next biggest inflows, reaching $31 million for a five-week run of $134 million, turning its flows positive for the first time this year. Solana took fourth place, after multi-asset, with $4.3 million.
Canada Leads Crypto Inflows, Followed By Germany
Canada led the pack with $79 million in inflows, while Germany followed with $57 million. The US took third place, recording $54 million in inflows.
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