Bitcoin Tops Crypto Inflows Again, But Ethereum Faces Major Setback—Here’s What Happened
The latest weekly report from CoinShares, a prominent European digital asset investment firm, reveals notable shifts in crypto asset fund flows. The report highlights inflows of $48 million into digital asset investment products during the past week.
However, the overall picture appears to be more complex, reflecting the impact of macroeconomic factors and investor sentiment on fund flows.
James Butterfill, Head of Research at CoinShares, noted that while nearly $1 billion flowed into digital asset products during the first half of the week, the release of new macroeconomic data and the US Federal Reserve’s minutes led to significant outflows of $940 million in the “latter half.”
Butterfill wrote:
The release of new…
