Ignoring Trump's definitions with market flows of 2 billion dollars in cryptocurrencies

Cryptocurrency flows continued their positive streak last week. The total flows over the past three weeks reached 5.5 billion dollars.

This comes amid increasing optimism in the market, with macroeconomic data adding to the favorable winds for the leading cryptocurrency.

Cryptocurrency flows reached 2 billion dollars last week

The latest report from CoinShares indicates that cryptocurrency flows amounted to 2 billion dollars last week, marking the third consecutive week of positive flows.

In the previous week, cryptocurrency flows were 3.4 billion dollars, as investors turned to digital assets due to their status as a safe haven. Prior to that, flows into digital asset investment products were 146 million dollars, as XRP diverged from the trend.

However, Bitcoin was the main beneficiary last week, recording flows of up to 1.8 billion dollars. Similarly, Ethereum saw its second week of strong flows totaling 149 million dollars. At the same time, other cryptocurrencies like Solana experienced minor flows of 6 million dollars.