Crypto Funds Recorded Net Inflows of $1.4B Last Week
Main page News, ETFs
Hot topic
16 July

According to the most recent report from CoinShares, asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares and 21Shares saw a combined net inflow of $1.44 billion into global cryptocurrency investment products last week.

This marked one of the largest weekly inflows ever recorded and brings total inflows for the year to a record $17.8 billion.

In addition, the increase in digital asset investment products reflects continued buying even during periods of price weakness, as described by CoinShares head of research James Butterfill.

These figures far exceed the $10.6 billion net inflows recorded during cryptocurrencies' bull run earlier in the year.

Read also:
Please describe the error
Close