Switzerland accounted for 70% of digital asset fund inflows last week

Digital asset investment products saw total net inflows of $224 million last week, with approximately 70% of that volume originating from Switzerland, CoinDesk reported. Of the total, Switzerland accounted for $157 million, followed by Germany and the U.S. with $28 million each, and Canada with $11 million. The inflows were also heavily concentrated in specific assets, with XRP-related products attracting around $120 million, representing more than half of the total. The majority of these XRP inflows came from European and other overseas exchange-traded products (ETPs). The five U.S.-listed XRP spot ETFs have recorded nearly zero daily inflows over the past two weeks. Similarly, while Bitcoin ETPs drew $107 million during the same period, only $22 million of that came from U.S. spot ETFs. CoinDesk noted that this trend suggests U.S. investors are not currently making large-scale investments, concluding that the primary buyers are in Europe rather than the United States.