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Home ยป Investors Demonstrate Growing Trust in Cryptocurrency Assets
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Investors Demonstrate Growing Trust in Cryptocurrency Assets

By adminMay. 28, 2024No Comments1 Min Read
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Investors Demonstrate Growing Trust in Cryptocurrency Assets
Investors Demonstrate Growing Trust in Cryptocurrency Assets
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Investors continue to show growing interest and confidence in crypto assets, as crypto asset investment products saw a substantial increase, with a total inflow of $1.05 billion for the third consecutive week. This surge in investment brought the cumulative inflows for the year to an all-time high of $14.9 billion. The recent spike in cryptocurrency prices has also played a role in this surge, pushing the total value of crypto-focused Exchange-Traded Products (ETPs) to an impressive $98.5 billion. Furthermore, weekly ETP trading volumes have risen by 28% to $13.6 billion, indicating a significant increase in market activity.

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