Data: The net inflow of dollars into the cryptocurrency market last week was $6.283 billion, the highest weekly inflow since January 2022

2024-11-11 14:50:04

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ChainCatcher message, according to SoSoValue data, last week (Eastern Time November 04 - November 10) saw a net inflow of 6.283 billion USD into the cryptocurrency market.

Among them, the weekly net inflow for Bitcoin and Ethereum spot ETFs in the U.S. reached 1.792 billion USD; the weekly net inflow for fiat-backed stablecoins (USDC, USDT, FDUSD, TUSD, PYUSD, USDP, GUSD) reached 4.492 billion USD.

As of the time of writing, the total cumulative net inflow into the cryptocurrency market has reached 183.19 billion USD.

Note: The inflow of USD into the cryptocurrency market is an exclusive market indicator from SoSoValue. This indicator combines the cumulative net inflow of ETFs with the inflow of fiat-backed stablecoins, clearly reflecting the actual amount of fiat funds flowing into the cryptocurrency market.

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