Digital Asset ETPs See Significant Inflows Amid Fed Rate Cut Speculation

According to BlockBeats, CoinShares' latest weekly report reveals that digital asset exchange-traded products (ETPs) experienced a net inflow of $1.07 billion last week. This marks a reversal after four consecutive weeks of substantial outflows, driven largely by expectations of an impending interest rate cut in the United States following comments from Federal Reserve member John Williams. Despite low trading volumes during the Thanksgiving week, the United States led global inflows with nearly $1 billion. Bitcoin, Ethereum, and XRP all saw strong inflows, with $464 million, $309 million, and a record $289 million, respectively.