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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-show-increased-confidence-in-crypto-assets/" data-wpel-link="internal">Investors Show Increased Confidence in Crypto Assets</a><br></p>
<p style="text-align: justify"><strong>Crypto</strong> asset investment products experienced a significant increase, marking a total inflow of $1.05 billion for the third consecutive week. This flow brought cumulative inflows for the year to a record level of $14.9 billion. Such a significant increase reflected the growing interest and confidence in crypto assets among <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a>. The recent rise in cryptocurrency prices also contributed to this increase, raising the total value of crypto-focused Exchange-Traded Products (ETPs) to $98.5 billion. Additionally, weekly ETP trading volumes increased by 28% to $13.6 billion, indicating heightened market activity.</p> 
<h2 style="text-align: justify" id="regional-distribution">Regional Distribution</h2> 
<p style="text-align: justify">A closer look at the regional distribution of these inflows revealed that the United States was the primary beneficiary, attracting $1.03 billion. Grayscale, a leading crypto asset manager, witnessed a significant reduction in outflows, dropping to just $15 million during the week.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-356720 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/ulke-1.png" alt="" width="841" height="506"></p> 
<p style="text-align: justify">Europe also showed strong performance, with Germany and Switzerland recording inflows of $48 million and $30 million, respectively. However, the initial enthusiasm for spot <strong>Bitcoin ETFs</strong> in Hong Kong, which saw $300 million in the first week, waned with recent outflows of $29 million.</p> 
<h2 style="text-align: justify" id="ethereum-sees-inflows">Ethereum Sees Inflows</h2> 
<p style="text-align: justify">Ethereum also recorded a significant increase with $36 million in inflows over the week, reaching the highest level since March. This increase likely signaled a positive market reception as an early response to the approval of <strong>Ethereum</strong> ETFs in the United States. Another leading cryptocurrency, <a href="https://en.coin-turk.com/analysts-update-views-on-solanas-potential-market-correction/" data-wpel-link="internal">Solana</a>, stood out with $8 million in inflows, reflecting its growing appeal among investors.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-356715 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/kriptopara.png" alt="" width="843" height="565"></p> 
<p style="text-align: justify"><strong>Crypto</strong> asset investment’s overall trend highlights a shift towards a more positive market outlook. The continued inflows over the past three weeks indicated increased confidence in crypto assets as a viable investment option.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/investors-show-increased-confidence-in-crypto-assets/" data-wpel-link="internal">Investors Show Increased Confidence in Crypto Assets</a></h5>

Investors Show Increased Confidence in Crypto Assets

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