The post Digital Asset Inflows Surge to $932M After CPI Report appeared first on Coinpedia Fintech News
$932M of Inflows was recorded for Digital asset investment products last week in response to the CPI report and interest rate cuts. Although there was an increase in inflows, the weekly volume was only $10.5B in comparison to $40B in March. Grayscale, which previously saw significant outflows, also experienced minor inflows. Bitcoin saw $942M in inflows. Ethereum continued its bearish trend, witnessing $23 million in outflows. A wide range of altcoins, notably Solana, Chainlink, and Cardano, also saw inflows.