Crypto inflows rebound, led by Switzerland and XRP

Global crypto exchange-traded products saw a significant rebound, attracting $224 million in inflows last week following a prior week's outflow. However, this recovery was heavily concentrated, with Switzerland accounting for approximately 70% of the total inflows, primarily driven by XRP products. While Bitcoin ETPs also saw gains, the majority of demand originated from European and international markets rather than U.S. spot ETFs. Ether funds continued to experience outflows, contrasting sharply with large-scale ETH purchases by Bitmine Immersion Technologies, highlighting a divergence between investor sentiment and corporate buying amid regulatory uncertainty.