XRP Leads Crypto Funds $224M Rebound With Largest Weekly Inflows Since December

Global crypto investment products saw a recovery with $224 million in inflows last week, rebounding from a late-March downturn. However, sentiment shifted at the week's end due to strong economic data and hawkish expectations. Switzerland led investor activity with significant inflows, followed by Germany and then the US. Unusually, XRP funds experienced the largest inflows of any asset, marking their best performance since December. This surge in XRP interest occurred despite US XRP ETFs having a down month in March. Bitcoin funds also saw inflows, though the month started with net outflows for Bitcoin products. Short Bitcoin products attracted their largest inflows since mid-November, indicating divided investor opinions. US Bitcoin ETFs, however, began the current week with substantial positive net flows. Solana funds continued to attract steady inflows, performing well throughout March and the first quarter. In contrast, Ethereum funds experienced outflows, extending their negative streak as investors reacted to recent developments.