XRP Surges Past $119M as Crypto Funds See $224M Inflows
Crypto funds have seen significant inflows in recent weeks, with $224M flowing into digital asset investment products last week. This is according to CoinShares' latest weekly report, which shows that XRP led all digital assets in fund inflows at $119.6M.
This figure represents a December high for XRP and has pushed its year-to-date inflows to $159M, accounting for approximately 7% of assets under management. Bitcoin (BTC) drew $107.3M, an improvement after a weak start to the month.
The report also notes that Switzerland led all regions with $157.5M in inflows, marking a rare shift from typical U.S. dominance. Germany and Canada followed with $27.7M and $11.2M respectively, while the U.S. placed third at just $27.5M.