Crypto Funds Pull in $921M on Fed Rate Cut Optimism

In brief

  • Digital asset products attracted $921 million in inflows last week, according to CoinShares.
  • U.S. and German markets led gains, while Switzerland saw outflows linked to asset transfers.
  • Bitcoin captured nearly all inflows as Ethereum and altcoins cooled.

Digital asset investment products saw inflows of $921 million last week, according to CoinShares, as optimism about U.S. interest rate cuts revived investor appetite for crypto-linked funds.

The inflows followed several volatile weeks marked by uncertainty around U.S. fiscal policy and limited macroeconomic data during the ongoing government shutdown.

But investor confidence was buoyed after consumer price index data came in lower than expected, reinforcing hopes that the Federal…

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