Crypto Funds Received $646M Last Week
Main page News, Cryptocurrency
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9 April

According to the latest report released by CoinShares, crypto funds managed by reputable firms such as BlackRock, Bitwise or Fidelity received an additional $646 million in inflows globally last week.

This follows the previous week's net inflows of $862 million, bringing the year-to-date inflows total to a record $13.8 billion. This far exceeds the previous record of $10.6 billion in 2021, all in just a few months of 2024.

The global crypto fund market has rebounded after a period of nearly $1 billion in outflows during the week ending March 22.

However, CoinShares research director James Butterfill has noted there are signs of a slowdown in the hype surrounding ETFs.

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