Crypto Funds Explode With $1.1B Weekly Surge as BTC, ETH, and XRP Lead Recovery

Investment products tied to digital assets brought in $1.1 billion, the largest weekly amount since early January. The increase likely reflects renewed confidence due to easing geopolitical tensions involving Iran and lower-than-expected US spending and inflation figures, CoinShares explained. Trading volumes climbed 13% week-on-week to $21 billion, still under the yearly average of $31 billion. At the same time, tot…