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Limited recovery in crypto asset funds: XRP stands out.
Crypto asset investment products saw an inflow of $224 million last week. In the second half of the week, stronger-than-expected retail sales data, increasing hawkishness in investor expectations, and mixed geopolitical signals led to limited outflows.
Thus, although a positive picture was formed on a weekly basis, momentum weakened toward the weekend. The data indicated a cautious recovery in investor sentiment.