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Image Credit: Bitcoinist

Crypto Fund Flows Hit $270M Weekly High: Ethereum Leads, Bitcoin Takes a Backseat

  • Digital asset investment products recorded inflows of $270 million last week, contributing to a record $37.3 billion in inflows for the year.
  • Bitcoin experienced outflows of $457 million, while Ethereum recorded inflows of $634 million, surpassing its previous record.
  • XRP saw substantial inflows of $95 million, potentially driven by optimism around the approval of a US ETF for XRP.
  • Regional data shows the US dominated inflows, while Switzerland and Canada recorded outflows, reflecting localized variations in investor behavior.

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