Crypto Investments Surge Amidst Market Volatility

Despite recent market turbulence, investment products tied to cryptocurrencies saw a surge in inflows last week, reaching $3.17 billion according to reports. This marked a significant increase from the start of the year, with $48.7 billion flowing into these investments since January. Notably, weekly trading volume hit a record high at $53 billion, bolstered by Friday’s impressive inflow of $15.3 billion. However, this growth was tempered as assets under management saw a 7% drop to $242 billion following a sharp sell-off triggered by tariffs.