Crypto Funds Hit Record $1.1B Weekly Inflows Amid Easing U.S. Inflation
Key Facts
Digital asset investment products saw robust momentum with weekly inflows reaching $1.1 billion, bolstered by a stellar performance in Bitcoin ETFs which recorded $411.5 million in single-day inflows led by BlackRock's IBIT. In a significant market shift, the ecosystem experienced a rare 'all-green' session, including $53 million in inflows for Ethereum ETFs alongside renewed interest in XRP and Solana products. This institutional surge is primarily attributed to cooling U.S. inflation data, which has revitalized confidence and liquidity across major ETFs. Unlike previous sessions where altcoin interest lagged, the latest data suggests a broader recovery in risk appetite among institutional players. Market participants are now focused on the sustainability of these inflows amid evolving monetary policy expectations. These figures signal a pivotal strengthening of institutional capital commitment across the entire digital asset spectrum.