The net inflow of US dollars into the cryptocurrency market last week reached 6.283 billion dollars, the highest weekly inflow since January 2022.

Odaily Planet Daily reports that according to SoSoValue data, last week (Eastern Time November 04 - November 10) the net inflow of US dollars into the cryptocurrency market reached 6.283 billion dollars. Among them, the weekly net inflow of US Bitcoin and Ethereum spot ETFs reached 1.792 billion dollars; the weekly net inflow of fiat-backed stablecoins (USDC, USDT, FDUSD, TUSD, PYUSD, USDP, GUSD) reached 4.492 billion dollars. As of the time of writing, the total cumulative net inflow into the cryptocurrency market has reached 183.19 billion dollars. Note: The inflow of US dollars into the cryptocurrency market is an exclusive market indicator from SoSoValue. This indicator combines the cumulative net inflow of ETFs with the inflow of fiat-backed stablecoins, clearly reflecting the actual amount of fiat funds flowing into the cryptocurrency market.