The crypto market is closing out 2024 with a strong performance, as year-to-date inflows reach a record-breaking $44.5 billion. A report by CoinShares reveals that Bitcoin and Ethereum are leading the way, with Bitcoin seeing $2 billion in weekly inflows and Ethereum receiving $1.089 billion. The report also highlights the strong trading activity, with digital asset exchange-traded products averaging $21 billion in weekly volumes. Bitcoin's daily trading volume is double that of the FTSE 100. The US is leading in terms of weekly flows, with over $3.1 billion, while Switzerland, Germany, and Brazil also received significant flows. Several cryptocurrencies, including Bitcoin and Ether, have seen positive price action this week. There is also increasing institutional adoption and interest in crypto, as more global companies and asset management firms open up their investments. Multiple reports predict a bullish outlook for crypto in 2025, with expectations that cryptocurrencies will continue to rise in value.



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