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Image Credit: Cryptoslate

Market remains resilient with $308M in inflows despite turbulence

  • Crypto investment products recorded $308 million in net inflows, marking the eleventh consecutive week of positive movement.
  • The market experienced turbulence, with the largest single-day withdrawal of $576 million and nearly $1 billion exiting the market later in the week.
  • Bitcoin attracted $375 million in inflows and Ethereum secured $51 million, while other altcoins such as XRP, Horizen, and Polkadot also saw inflows.
  • Institutional trends showcased divergent strategies, with BlackRock's iShares ETF attracting over $1.5 billion in inflows, while Grayscale and Fidelity ETFs experienced notable outflows.

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