Crypto investment products received inflows of $2.2 billion last week, bringing the total inflows for the year close to $30 billion. Total assets under management also reached over $100 billion for the second time, matching the level recorded in June. The inflows were attributed to investor sentiment surrounding the upcoming U.S. elections, particularly the prospect of a Republican victory. Bitcoin remained the predominant focus, absorbing all of last week's inflows, while Ethereum attracted only $9.5 million. Trading volumes also saw a significant increase, and political meme coins related to the U.S. elections have gained traction.



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