BITPRISMIA
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The cryptocurrency market has experienced a record-breaking $4.39 billion weekly surge in digital asset inflows, primarily driven by Ethereum and Bitcoin, signaling strong institutional interest and market growth.
Crypto inflows surged to $3.7 billion in a week, marking the second-largest weekly inflow on record, with Bitcoin dominating the market and Ethereum showing strong growth.
Digital asset funds saw $3.7 billion in inflows last week, the second-highest on record, with Bitcoin products accounting for $2.7 billion of the inflows.
Digital asset inflows reached $3.7 billion in the second-biggest week ever, pushing total assets under management (AuM) to $211 billion, with Bitcoin and Ethereum leading the inflows and the U.S. dominating regional flows.
The article discusses the potential launch of XRP ETFs, highlighting key dates in July for futures and spot ETF approvals, which could significantly impact the XRP market.
Crypto asset investment products saw $2.7 billion in inflows last week, marking the 11th consecutive week of inflows, with the US leading the majority of these investments.