CandleFocus

Crypto Products See $321,000,000 in Institutional Capital During Second Consecutive Week of Inflows: CoinShares

Institutional crypto investors invested $321 million into digital asset products following the announcement of a rate cut by the Fed. CoinShares' report states that the surge in investments was likely a result of the Federal Open Market Committee's dovish stance and interest rate cut. The US led in terms of inflows with $277 million, followed by Switzerland with $63 million. Bitcoin received the majority of inflows at $284 million, while Ethereum experienced outflows of $29 million for the fifth consecutive week. Solana investment products continue to see small but consistent inflows.

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