Crypto's $224 million inflow rebound was led by mostly one country and XRP

Crypto's $224 million inflow rebound was led by mostly one country and XRP.

• Global crypto exchange-traded products drew $224 million in inflows last week after a $414 million outflow the week before, according to CoinShares
• The headline number looks like a recovery but a deeper look shows that the rebound is far narrower than it appears
• Switzerland alone accounted for roughly $157 million of the $224 million total, meaning 70% of global inflows came from a single country