Crypto investors are feeling optimistic! Last week saw a huge surge in money flowing into crypto investment products, with a total of $1.2 billion pouring in. This is the third week in a row with positive numbers, which shows that people are starting to believe in crypto again.
Bitcoin is the star of the show. The biggest reason for this positive trend is Bitcoin, which attracted $1.1 billion in new investments. This is likely due to the US Securities and Exchange Commission (SEC) giving the green light to BlackRock’s spot Bitcoin ETF. This is a big deal for the crypto world, as it makes it easier for institutional investors to get involved.
Ethereum is back in the game. After a few weeks of losses, Ethereum investment funds are finally seeing some green. Investors poured $87 million into Ethereum products last week, showing renewed confidence in the asset.
Solana takes a break.
After a five-week winning streak, Solana funds saw $4.8 million withdrawn last week. This could be a sign that investors are shifting their focus to more established assets like Bitcoin and Ethereum for now.
Overall, it’s a good time to be a crypto investor. The recent positive news and increased investment are definitely encouraging. Whether this is the start of a bull run remains to be seen, but things are looking up for the crypto market. 
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