Crypto funds experienced significant inflows of $3.17 billion over the past week, bringing the year-to-date total to $48.7 billion. Despite this surge, Solana and XRP saw slower inflows, recording $93.3 million and $61.6 million, respectively, as investors remain cautious pending U.S. spot ETF approvals.
Bitcoin dominated the inflows with $2.67 billion, while Ethereum attracted $338.3 million, although it faced $172 million in outflows on Friday. Notably, U.S.-based products were responsible for 95% of the global inflows, highlighting the country's pivotal role in the crypto market.
Crypto Funds See $3.17 Billion Inflows, Solana and XRP Lag
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.