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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-continue-to-pour-money-into-crypto-focused-investment-products/" data-wpel-link="internal">Investors Continue to Pour Money into Crypto-Focused Investment Products</a><br></p>
<p style="text-align: justify"><strong>Crypto</strong>-focused investment products continued to attract significant investments for the fourth consecutive week, with inflows totaling $185 million. In May alone, there was a substantial inflow of $2 billion, bringing the total inflows since the beginning of the year to $15 billion. This trend demonstrated the increasing investor interest and confidence in cryptocurrencies, despite a noticeable decline in weekly trading volumes from $13 billion to $8 billion in the previous week.</p> 
<h2 style="text-align: justify" id="geographical-distribution-of-investments">Geographical Distribution of Investments</h2> 
<p style="text-align: justify">A closer look at the geographical distribution of these investments reveals that the majority came from the US, with net inflows of $130 million. This was somewhat balanced by the $260 million outflows from ETF issuers in the market.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-358773 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/crypto-1.png" alt="" width="837" height="511"></p> 
<p style="text-align: justify">Switzerland experienced its second-largest inflow week of the year with $36 million, while Canada saw a significant rebound with $25 million in inflows after a net outflow of $39 million in May.</p> 
<h2 style="text-align: justify" id="bitcoin-and-ethereum-inflows">Bitcoin and Ethereum Inflows</h2> 
<p style="text-align: justify"><strong>Bitcoin</strong> continued to dominate inflows with $148 million, reflecting ongoing positive sentiment among ETF <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a>. In contrast, short-focused Bitcoin products saw outflows totaling $3.5 million for another week, reinforcing the bullish outlook on Bitcoin among investors.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-358774 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/ethereum-2.png" alt="" width="845" height="565"></p> 
<p style="text-align: justify">Ethereum also experienced inflows for the second week, following the SEC’s approval of a spot-based ETF set to launch in July 2024. This development marked a significant turnaround for Ethereum, which had seen outflows of $200 million over 10 weeks. The positive sentiment surrounding Ethereum also positively impacted other cryptocurrencies like Solana, which recorded $5.8 million in inflows last week. <a href="https://en.coin-turk.com/significant-developments-in-xrp-theft-binance-takes-action/" data-wpel-link="internal">XRP</a>, Cardano, Chainlink, and Litecoin also saw inflows, with XRP receiving $800,000, Cardano $300,000, Chainlink $1 million, and Litecoin $600,000.</p> 
<p style="text-align: justify">Despite the positive performance of direct <strong>crypto</strong> investments, blockchain-focused stocks did not share the same success. They experienced outflows of $7.2 million last week and $516 million throughout the year. This indicated a divergence in investor confidence between direct crypto asset investments and related stocks.</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-continue-to-pour-money-into-crypto-focused-investment-products/" data-wpel-link="internal">Investors Continue to Pour Money into Crypto-Focused Investment Products</a></h5>

Investors Continue to Pour Money into Crypto-Focused Investment Products

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