📢 What's Happening in the Crypto World? 🚀
- Digital asset investment products saw small outflows of $147 million last week. Expectations for a rate cut have diminished as economic data came in stronger than expected.
- ETP investment product volume increased by 15% to $10 billion, but overall crypto market volume remained low.
- Bitcoin became the favorite of investors! While short-Bitcoin products saw $159 million inflows last week, they saw $2.8 million inflows.
- Ethereum is down again, interest remained weak with $29 million outflows.
- Multi-asset investment products (multi-coins) are positive for 16 consecutive weeks with $29 million inflows! YTD $471 million collected.
- Solana saw $5.3 million inflows, Litecoin $0.9 million, XRP and Cardano $0.3 million.
- Canada and Switzerland stood out in the bull trend with $43 million and $35 million inflows, respectively. Australia and Brazil also saw small inflows.
- The US, Germany and Hong Kong saw $209 million, $8.3 million and $7.3 million outflows respectively.
💬 Share your thoughts in the comments! Which crypto are you following?