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Digital assets funds see inflows of $407m

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Digital asset investment products saw inflows of $407m last week, as investor decisions were seemingly influenced more by the upcoming US elections than by monetary policy outlooks, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.

Bitcoin saw inflows totaling $419m, making it the primary beneficiary of recent political shifts.

Meanwhile, Blockchain equity ETFs saw one of the largest weekly inflows this year, totaling $34m, likely in response to recent bitcoin price increases.

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