In the first week of June, digital asset investment products experienced a notable upswing, with inflows reaching $2 billion, according to CoinShares.

This surge was largely attributed to weaker-than-expected macroeconomic data in the U.S., prompting increased investor interest in cryptocurrencies.

Ethereum (CRYPTO:ETH) led the charge with its best week since March, attracting $69 million in inflows, likely fueled by the recent approval of spot Ether ETFs by the Securities and Exchange Commission.

Despite minor activity in altcoin-based ETPs, the overall sentiment indicates a positive turnaround in the crypto market.