US & Canada Fuel $572M Crypto Inflows as Europe Lags Behind
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Global crypto investment products snapped back to $572 million in net inflows last week, with US funds dominating at $608 million.
Canada and Australia followed with $16.5M and $7.9M, respectively, while Europe saw outflows of $54.3M across Germany, Sweden, and Switzerland.
CoinShares attributed early-week outflows to weak US jobs data, but sentiment flipped after regulators greenlit crypto in 401(k) plans.
Ethereum products shone, adding $268M as ETH surged past $4K. Total crypto AUM now stands at a record $32.6B.
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