TLDR Crypto · MARKETS & BUSINESS

CRYPTO FUNDS SEE RECORD $6B WEEKLY INFLOWS

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Summary from the TLDR Crypto newsletter

Global crypto investment products recorded ~$6 billion in inflows, the largest weekly total ever, as Bitcoin hit a new all-time high and Ethereum climbed past $4,500. CoinShares attributed the increase to delayed reactions to the Fed's rate cut, weak US jobs data, and renewed confidence after the government shutdown. US-based funds led with $5 billion, followed by record weeks for Switzerland ($563M) and Germany ($312M).