Crypto ETPs don log $1.24B inflows for 10th week, YTD $15.1B

Global crypto ETP dem draw $1.24 billion net inflows las week—ten tin de 10 weeks way dem dey get gains—dem don raise the whole year inflows reach record $15.1 billion. US lead with $1.25 billion new capital, but Hong Kong and Switzerland get small small outflows of $32.6 million and $7.7 million respectively. Bitcoin ETPs still top with $1.1 billion, even though spot BTC price fall from about $108,800 to $103,000. Ethereum products collect $124 million for nine weeks in a row, and altcoin ETPs like Solana and XRP log $2.78 million and $2.69 million. CoineShares report say crypto ETP inflows slow down for di second half of the week, dem talk say na because of US Juneteenth holiday and how tension dey increase about US fit join the Iran wahala. The Crypto Fear & Greed Index small drop into fear side before e come back normal. Even though e small slow down, strong institutional demand and steady crypto ETP inflows show say people dey still believe say crypto go rise, but traders need ready for small shake wey external matters fit cause.