Cryptocurrency investment products maintained the streak of their multiplication flow last week, despite significant sales pressure up to $ 103,000 from bitcoin fall.
The Global Crypto Exchange-Tradeded Products (ETP) recorded an arrival of $ 286 million in the week ended May 30, with a seven-week run to a $ 10.9 billion, the coinsers reported on 2 June.
Despite the flow, the total assets under the management (AUM) declined by $ 187 billion to $ 177 billion from $ 187 billion to $ 177 billion from $ 187 billion to $ 177 billion since the weekend, amid uncertainty on US tariffs, said James Butterfil’s head said.
The new income came as a bitcoin (BTC), which had increased from $ 110,000 to about 6% on last Monday, which was reduced to the intravalic of $ 103,400 by 30 May, According For data from coingecko.
Ether eTP lead income
Ether ETPS purchased last week’s crypto ETP with a total amount of $ 321 million, which marks the strongest run from the end of December 2024 and reflects a significant feeling improvement.
Butterfil said Bitcoin ETPS saw $ 8 million in the outflow after reversing a major flow after a New York court verdict.
XRP (XRP) investment products posted the largest outflow last week, a total of $ 28 million. Butterfil marked the second week of damage to the XRP, the butterfil noted.
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