Crypto Investors Park $1.4b in Digital Asset

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Vehicles Bitcoin and the U.S. led capital inflows into crypto-backed products as investors seized lower-priced market opportunities. According to CoinShares research, investors parked $1.44 billion in crypto vehicles, with $1.35 billion flowed into Bitcoin (BTC) ETFs in the U.S. and other regions. These numbers marked Bitcoin’s fifth-largest weekly influx and propelled the total crypto product inflows for 2024 to $17.8 billion.Altcoins like Ethereum (ETH) also enjoyed positive investor attention, drawing in $72 million last week for the time since March. This year’s inflows have eclipsed 2021’s $10.6 billion and continue to set new records for digital asset investments. Crypto markets up againCheaper crypto prices seen last week incentivized investors to splurge on digital asset investment products, leading to a market revival noted on Monday. The total crypto markets rose 3.9%, recovering to $2.4 trillion. Bitcoin’s 5.2% surge in 24 hours allowed the token to reclaim $62,500, slashing the gap from its March peak to 15%.You might also like: Trump meme coins spike, SEC drops BUSD probe, Germany empties BTC stash, ETFs recover | Weekly RecapMajor altcoins like Ethereum, BNB, and Solana (SOL) followed suit with more than 5% price increments, according to crypto.news price pages. Overall, market sentiment has also improved, sitting neutral at press time. The crypto fear and greed index showed a 52 rating, a recovery from the market fears recorded last week. QCP Capital researc$BTC $ETH from German authorities. An excerpt from the QCP report reads:

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