As reported by The Crypto Basic, crypto investment products saw a major comeback last week with $1.07 billion in inflows, led by XRP. XRP recorded its largest weekly inflow ever at $289 million, driven by new U.S. spot XRP ETFs from Canary Capital, Grayscale, Bitwise, and Franklin Templeton. Bitcoin and Ethereum also saw strong inflows of $461 million and $308 million, respectively, as investors reversed bearish positions. The U.S. led global inflows with $994 million, while Cardano (ADA) suffered $19.3 million in outflows. The inflows follow remarks from FOMC member John Williams and rising expectations for a December Fed rate cut.
XRP Posts Largest Weekly Inflows Ever as Crypto Funds Rally on Fed Rate-Cut Hopes
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