Crypto Inflows Surge as Bitcoin Leads Rally
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Crypto investment products saw $1.2 billion in inflows last week, marking the third consecutive week above $1 billion and the fourth straight positive week overall, according to CoinShares. Bitcoin dominated with $933 million, while Ethereum contributed $192 million. The US accounted for $1.1 billion of regional demand, underscoring strong institutional interest. Total assets under management climbed, reflecting renewed confidence. However, the market's trajectory now hinges on the Federal Reserve's policy decisions, as macroeconomic factors could influence risk appetite. The sustained inflows suggest a bullish undercurrent, but caution remains warranted given potential headwinds from monetary tightening.
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