Net inflows into the crypto market last week reached $6.283 billion, marking a record high weekly inflow since January 2022.

BlockBeats News, November 11th, according to SoSoValue data, in the past week (Eastern Time, November 4th to November 10th), the net inflow of USD into the cryptocurrency market reached $6.283 billion.

Among them, the net inflow of USD into US Bitcoin and Ethereum spot ETFs reached $1.792 billion; the net inflow of fiat-backed stablecoins (USDC, USDT, FDUSD, TUSD, PYUSD, USDP, GUSD) reached $4.492 billion.

As of the time of writing, the cumulative net inflow into the cryptocurrency market has reached $183.19 billion.

Note: The USD inflow into the cryptocurrency market is an exclusive market indicator of SoSoValue. This indicator combines the ETF cumulative net inflow funds with the inflow funds of fiat-backed stablecoins, clearly reflecting the actual amount of fiat currency funds flowing into the cryptocurrency market.

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