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Cryptos Soar After Largest Inflows In Two Years
Anticipation of an eventual US spot Bitcoin ETF - which Bloomberg's analysts assign a 90% probability of being approved by the SEC in January... image as well as surging prices, have helped to spur inflows into digital-asset investment products for a ninth consecutive week, the largest run since the crypto bull market in late 2021. According to a recent report from CoinShares, these products which include trusts and exchange-traded products, saw inflows of $346 million last week, with Canada and Germany contributing to 87% of the total. Only $30 million came from the US, a sign of continued low participation from ... (full story)