Digital asset ETPs recorded $1.07bn in inflows after four weeks of heavy outflows, helped by hopes of an imminent US rate cut following comments from FOMC member John Williams, according to CoinShares’s Digital Assets Weekly Fund Flows report.
The US led with nearly $1bn of inflows despite subdued Thanksgiving-week trading volumes.
Bitcoin, ether and XRP attracted strong inflows of $461m, $308m and a record $289m respectively.
