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Crypto Inflows Hit New Heights As Ethereum Funds Break Losing Streak—Bull Run Here?

  • Global crypto investment products have recorded $1.2 billion in net inflows over the past week, signaling a shift in market sentiment.
  • Investor confidence in digital assets is boosted by expectations of dovish monetary policy in the US.
  • Bitcoin-focused investment products accounted for the majority of inflows, driven by the approval of BlackRock's spot Bitcoin ETF by the SEC.
  • Ethereum-based investment funds rebounded with net inflows of $87 million, indicating renewed confidence in the asset's prospects.

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