Crypto Inflows Near $1 Billion as Rate Cut Hopes Fuel Market Momentum

Digital asset investment products attracted nearly $1 billion in inflows last week, totaling $921 million, as investors grew optimistic about a potential US Federal Reserve rate cut following lower-than-expected CPI data. Expectations for a 25-basis-point reduction are nearly 97% likely. The US led regional inflows with $843 million, while Germany saw a significant $502 million, though Switzerland experienced $359 million in outflows primarily due to asset provider transfers. Bitcoin dominated inflows, accumulating $931 million, bringing total inflows since rate cut signals began to $9.4 billion. Conversely, Ethereum saw its first outflows in five weeks ($169 million), although demand for leveraged Ethereum ETPs remained strong. Flows into Solana and XRP slowed as investors await potential ETF approvals, highlighting that crypto remains a key gauge of risk sentiment tied closely to macroeconomic indicators.

(Source：BeInCrypto)