Crypto investment products have continued to receive heightened investor interest as the funds recorded their second consecutive week of inflows.by the crypto investment firm CoinShares, global digital asset funds posted a total of $321 million in inflows last week. This figure, however, is slightly lower than the $436 million recorded the previous week.
Germany, Sweden, and Canada, however, did not record any growth as the trio saw outflows of $9.5 million, $7.8 million, and $2.3 million, respectively.to implement a 50 basis point interest rate cut last week. The move fueled increased investments in cryptocurrencies and other high-risk assets.
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