Rate-cut optimism drives $921 million in weekly global crypto ETP inflows: CoinShares

Global crypto investment products experienced net inflows of $921 million last week, reversing the previous week's $513 million in outflows, according to CoinShares data. This rebound was attributed to restored investor confidence following lower-than-expected U.S. CPI data, which suggested potential future rate cuts despite the absence of key macroeconomic guidance due to a government shutdown. Weekly trading volumes for digital asset ETPs remained strong at $39 billion. The U.S. market dominated inflows with $843 million, and Germany also saw significant inflows ($502 million), though Switzerland experienced outflows largely due to an asset transfer. Bitcoin-based products attracted $931 million in net inflows, with U.S. spot Bitcoin ETFs contributing $446.3 million, led by BlackRock's IBIT. Conversely, Ethereum products saw their first net outflows in five weeks, totaling $169 million, primarily driven by $243.9 million in outflows from U.S. spot Ethereum ETFs.

(Source：The Block)