Crypto investment products experienced inflows of 882 million USD last week, with Bitcoin driving most of this, contributing 867 million USD. Other altcoins like Sui recorded 11.7 million USD in inflows, while Ethereum saw only 1.5 million USD. Total year-to-date inflows are now at 6.7 billion USD.
The increase in investments towards crypto is attributed to macroeconomic factors, including the rising M2 money supply and recession fears in the US. This trend highlights Bitcoin’s emerging role as an effective hedge against economic challenges.
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