💣Crypto Boom: $1.04 Billion Inflows in a Week — An Absolute Market Record!

Global crypto #ETPs have hit a record-breaking $1.04 billion in weekly inflows, pushing total assets under management (AUM) to an unprecedented $188 billion. This marks the 12th consecutive week of inflows, an all-time high. Trading volumes reached $16.3 billion, aligning with this year's weekly average.

Key Highlights

* Dominant Inflows: The majority of the inflows came from the US, with $1 billion. Germany and Switzerland followed with $38.5 million and $33.7 million, respectively.

* Outflows: Canada and Brazil experienced outflows of $29.3 million and $9.7 million, respectively.

* Ethereum's Strong Performance: $ETH continues to show robust proportional performance, averaging 1.6% of AUM in weekly inflows over the past 11 weeks, outperforming $BTC 's 0.8%. Last week alone, Ethereum saw an additional $226 million in inflows.

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