CoinShares: Rate cut optimism drives $921 million into digital asset products

According to Foresight News, CoinShares reported that digital asset investment products saw an inflow of $921 million last week, supported by increased investor confidence after U.S. CPI data was lower than expected. The United States saw the largest inflows at $843 million, with Germany seeing similarly strong inflows at $502 million, while Switzerland saw outflows of $359 million due to asset transfers rather than sales. Bitcoin dominated, with $931 million in inflows, while Ethereum saw $169 million in outflows; Solana and XRP saw inflows cool off ahead of an expected U.S. ETF launch.
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