🚀 Crypto enthusiasts, rejoice! Bitcoin (BTC) led the charge with a whopping $419M in inflows last week, according to CoinShares' latest report. This surge comes despite a minor $127M sell-off the previous week.
- Political vibes: CoinShares' James Butterfill suggests upcoming US elections are boosting crypto investments, with Republicans seen as digital asset-friendly.
- Bitcoin's the star: BTC saw $419M in inflows, while short-Bitcoin products faced $6.3M in outflows.
- ETFs on the rise: Blockchain equity ETFs enjoyed $34M in inflows, one of 2024's best weeks.
- Ethereum woes: ETH products saw $9.8M in outflows.
Keep hodling! 🚀