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The global crypto investment products managed by BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21 Shares have significantly rebounded.&nbsp;
Last week, a substantial net inflow of $321 million was recorded, sparking renewed interest within the crypto community. Although this surge is significant, it pales compared to the <a href="https://thecoinrise.com/global-crypto-investment-products-sees-3-2b-consecutive-inflows/" rel="noopener noreferrer nofollow">impressive $3.2 billion inflow recorded sometime in July</a>. Nevertheless, this market rebound indicates that investors are regaining confidence in the cryptocurrency market.&nbsp;
<h2 id="b-reduced-interest-rate-hints-boost-crypto-investment-products-b">Reduced Interest Rate Hints Boost Crypto Investment Products</h2>
In a report, CoinShares Head of Research, James Butterfill, attributed this surge to the comments from the Federal Open Market Committee (FOMC). Following the recently concluded meeting, <a href="https://thecoinrise.com/fed-rate-cut-boosts-demand-for-crypto-lending-platforms/" rel="noopener noreferrer nofollow">the FOMC announced a potential 50 basis point interest rate cut.</a> This soft stance towards the digital market likely encouraged investors to seek riskier assets like cryptocurrencies.
As a result of this renewed interest, total assets under management in these funds increased by 9%. Additionally, trading volume rose 9% compared to the previous week, reaching $9.5 billion. This uptick in both inflows and trading activity suggests a reinvigorated market. It sparked optimism among investors who aim to seize opportunities from positive economic indicators and better market conditions.
Meanwhile, Arthur Hayes, co-founder of BitMEX, has called the <a href="https://thecoinrise.com/fed-rate-cut-boosts-demand-for-crypto-lending-platforms/" rel="noopener noreferrer nofollow">Fed’s rate cut a political move</a>. He even forecasted a market crash right after the interest rate announcement.&nbsp;
<h2 id="b-bitcoin-etf-leads-the-charge-b">Bitcoin ETF Leads the Charge</h2>
<a href="https://blog.coinshares.com/volume-201-digital-asset-fund-flows-weekly-report-ade44c188745" rel="noopener noreferrer nofollow">In the blog report,</a> Butterfill shared that the&nbsp; Bitcoin ETF products have continued to dominate the market. Last week, the digital investment products raked in $284 million in net inflows. This strong performance aligns with the <a href="https://thecoinrise.com/could-this-new-altcoin-outperform-bitcoins-gains-with-a-40x-return/" rel="noopener noreferrer nofollow">recent positive price movement of Bitcoin,</a> which has not only bolstered traditional investment flows.&nbsp;&nbsp;
However, it also attracted $5.1 million in net inflows into short-bitcoin funds. Some investors, including prominent figures like <a href="https://thecoinrise.com/arthur-hayes-closes-bitcoin-short-predicts-possible-price-rebound/" rel="noopener noreferrer nofollow">Hayes, have predicted a potential upward momentum for the digital asset </a>in the days ahead.&nbsp;
In addition, Solana (SOL) dropped to $143 as investment products continue to receive steady, modest weekly inflows, gathering $3.2 million in the past week. This growth follows the <a href="https://thecoinrise.com/solana-firedancer-goes-live-on-mainnet/" rel="noopener noreferrer nofollow">newly launched Solana validator, Firedancer client, </a>which likely heightened investor interest in the Solana ecosystem.
<h2 id="b-ethereum-outflows-vs-u-s-etf-inflows-b">Ethereum Outflows vs. U.S. ETF Inflows</h2>
Conversely, Etherum-based investment products faced a challenging week, registering $29 million in net outflows. marking the fifth consecutive week of negative flows totaling $187.7 million. The ongoing outflows are mainly due to Grayscale’s ETHE fund and the <a href="https://thecoinrise.com/ethereum-foundation-offloads-300-eth-amid-market-fluctuations/" rel="noopener noreferrer nofollow">Ethereum Foundation’s significant sell-offs.</a>
In contrast, the newly launched U.S. spot Ethereum ETFs attracted $2.2 billion in net inflows, with the U.S. leading by $277 million. Switzerland saw its second-largest weekly inflow of $63 million. Germany, Sweden, and Canada experienced outflows, showing varied regional investor trends.
The post <a href="https://thecoinrise.com/crypto-investment-products-surge-with-321m-in-weekly-inflows/" rel="noopener noreferrer nofollow">Crypto Investment Products Surge with $321M in Weekly Inflows</a> appeared first on <a href="https://thecoinrise.com/" rel="noopener noreferrer nofollow">TheCoinrise.com</a>.

Crypto Investment Products Surge with $321M in Weekly Inflows

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