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.