Crypto funds set records with 5.95 billion USD inflows during shutdown fears

Last week, crypto funds achieved unprecedented inflows of 5.95 billion USD, with Bitcoin bringing in 3.6 billion USD. This influx of capital was largely due to investor reaction to potential US government shutdown.

Ether ETPs also recorded significant gains, with total year-to-date inflows nearing 13.7 billion USD. Solana ETPs and XRP saw notable inflows as well, contributing to an overall surge in the crypto market.

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