Digital asset products recorded $30 million in net inflows last week following fears that the Fed wouldn’t cut interest rates in September. Bitcoin ETFs saw $42 million in net inflows as investors looked to tighten their holdings last week. Ethereum ETFs also saw inflows of $4.2 million, while Solana ETFs witnessed $39 million in outflows.
Switzerland recorded outflows for the first time in over a month as investors in the region moved $29.7 million from crypto products last week. Hong Kong and Germany also recorded outflows of $14.3 million and $6.1 million, respectively. Bitcoin ETFs witnessed the highest inflows among crypto ETFs last week after recording a net inflow of $42 million.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: