tldr; Cryptocurrency investment products saw record inflows of $5.95 billion last week, driven by concerns over a US government shutdown and weak employment data. Bitcoin dominated the inflows with $3.6 billion, while Ether attracted $1.48 billion. Total assets under management in crypto funds surpassed $250 billion for the first time. The inflows coincided with the SEC shutdown, raising concerns about ETF approval delays. Grayscale launched new staking-focused crypto ETFs amid the bullish market trend.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; Cryptocurrency investment products saw record inflows of $5.95 billion last week, driven by concerns over a US government shutdown and weak employment data. Bitcoin dominated the inflows with $3.6 billion, while Ether attracted $1.48 billion. Total assets under management in crypto funds surpassed $250 billion for the first time. The inflows coincided with the SEC shutdown, raising concerns about ETF approval delays. Grayscale launched new staking-focused crypto ETFs amid the bullish market trend.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
No shutdown then right? xD
🍩 !tip 1