


Weekly inflows of 921 million dollars into digital asset investment products occurred supported by increasing expectations of interest rate cuts following the release of low inflation data in the US. Crypto investment funds ended the past week with strong inflows again. According to CoinShares data, total inflows into digital asset products were 921 million dollars. This recovery was associated with increased investor confidence after the unexpectedly low Turkish Producer Price Index (TÜFE) data released in the US.
Global ETP trading volumes reached 39 billion dollars, exceeding the year-to-date average of 28 billion dollars. When looking at regional distribution, the US led inflows with 843 million dollars, while Germany recorded one of its highest weekly inflows of the year at 502 million dollars. However, Switzerland saw an outflow of 359 million dollars; according to CoinShares, this was not a sale but resulted from inter-provider asset transfers.
The most noteworthy data of the week occurred on the Bitcoin (BTC) side. Digital gold Bitcoin saw an inflow of 931 million dollars, while total inflows since the beginning of the period of interest rate cuts by the US Federal Reserve reached 9.4 billion dollars. Year-to-date total inflows stand at 30.2 billion dollars, remaining below last year's record of 41.6 billion dollars.
Ethereum (ETH), on the other hand, experienced an outflow of 169 million dollars after a 5-week hiatus. Additionally, interest in 2x leveraged ETPs continues. Trading volumes for Solana (SOL) and XRP also cooled ahead of the anticipated ETF launches in the US, with inflows of 29.4 million dollars and 84.3 million dollars, respectively. These developments are drawing the attention of investors in the cryptocurrency market and presenting potential opportunities.
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