<ul><li>Crypto asset investment products received $3.3 billion in inflows last week, with a total of $10.8 billion inflows for the year-to-date, marking a new record for 2024.</li><li>Bitcoin led the inflows, attracting $2.9 billion, followed by Ethereum with $326 million.</li><li>However, XRP saw outflows of $37.2 million, ending its 80-week streak of inflows, signaling a possible shift in investor sentiment or portfolio rebalancing.</li><li>The US accounted for the majority of global inflows, while Switzerland experienced outflows as investors locked in profits, reflecting varying risk appetites and macroeconomic outlooks among institutional investors.</li></ul>

$3.3 Billion Floods Into Crypto in One Week, What’s Fueling the Surge?

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