XRP snaps outflow streak as crypto funds log $1.2B ahead of FOMC decision
Crypto Briefing
Crypto funds saw $1.2B in inflows, with XRP reversing outflows, ahead of the FOMC meeting.Summary
Digital asset funds experienced their fourth consecutive week of inflows, totaling $1.2 billion, with XRP products notably reversing a previous outflow streak. Bitcoin led these inflows, attracting $933 million, bringing its year-to-date total to $4 billion, as institutional demand surged ahead of the upcoming FOMC meeting. Ethereum also saw significant inflows of $192 million. The US was the primary driver of these investments, contributing approximately $1.1 billion. Blockchain equity ETFs also reached record highs with $617 million in inflows over three weeks. Investors are now awaiting the FOMC meeting for guidance on interest rate policy, which could influence market sentiment.
(Source：Crypto Briefing)