๐Crypto investment products are soaring, with inflows hitting their highest levels since July 2023! Last week saw a whopping $78 million pour in, and crypto ETP volumes skyrocketed by 37% to $1.1 billion. Bitcoin volumes also jumped 16% on trusted exchanges. Solana (SOL) is stealing the spotlight, with its weekly inflows reaching their highest since March 2022. ๐
However, not all crypto products are basking in the glory. US Ethereum futures ETFs only attracted around $10 million in their first week, showing a "tepid appetite." ๐ฝ๏ธ
Interestingly, 90% of all crypto asset inflows came from Europe, with Germany and Switzerland leading the pack. ๐ฉ๐ช๐จ๐ญ Meanwhile, the US and Canada lagged behind with a combined $9 million in inflows.
However, not all crypto products are basking in the glory. US Ethereum futures ETFs only attracted around $10 million in their first week, showing a "tepid appetite." ๐ฝ๏ธ
Interestingly, 90% of all crypto asset inflows came from Europe, with Germany and Switzerland leading the pack. ๐ฉ๐ช๐จ๐ญ Meanwhile, the US and Canada lagged behind with a combined $9 million in inflows.