The cryptocurrency exchange-traded funds have begun to recover losses from last month:
Cryptocurrency funds recorded inflows of $716 million last week, marking the second highest inflow in six weeks.
Thus, the total inflows over the past two weeks amount to $1.8 billion.
As a result, the total assets under management increased by 7.9% from its lowest point in November, reaching $180 billion, but it is still far below its all-time high of $264 billion.
Overall, Bitcoin exchange-traded funds attracted inflows of $352 million, while XRP saw inflows of $245 million, and Chainlink recorded a record inflow of $52.8 million, representing 54% of its total assets under management.
At the same time, short Bitcoin exchange-traded funds experienced outflows of $18.7 million, the highest value since March.
The cryptocurrency market is showing significant improvement.
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