Cryptocurrency investment products saw a significant surge, with inflows hitting $2.2 billion last week, marking the largest since July, according to CoinShares. This increase is attributed to optimism surrounding a potential Republican victory in the upcoming US elections, which are typically viewed as favorable for digital assets. The US led the inflows with $2.3 billion, while other regions like Canada and Sweden experienced minor outflows. Bitcoin was the biggest beneficiary, attracting $2.13 billion in investments, largely driven by BlackRock's iShares Bitcoin exchange-traded fund (ETF) in the US. Ether-based products also recorded inflows, but multi-asset crypto products saw outflows that ended a 17-week streak of inflows. Overall, the positive sentiment has contributed to a rise in trading volumes by 30%, bringing total assets under management close to $100 billion.

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