Digital asset investment products recorded $1.9 billion in net inflows last week, marking the second consecutive week of positive capital movement, according to CoinShares. This surge was influenced by the Federal Reserve's hawkish interest rate cut, prompting investors to increase purchases towards the end of the week. Bitcoin and Ethereum led the inflows with $977 million and $772 million, respectively, while Solana and XRP also saw significant investments of $127.3 million and $69.4 million. Total assets under management reached a year-to-date high of $4.04 billion, nearing last year's total inflows of $4.86 billion.
Digital Asset Inflows Surge to $1.9 Billion Amid Fed Rate Cut
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