Bitcoin Leads As Crypto Fund Inflows Hit $407M—What’s Driving the Surge?
The cryptocurrency market witnessed a significant influx of investments last week, as notable factors played a key role in shifting investor sentiment.
According to the latest report from CoinShares, digital asset investment products saw $407 million in net inflows globally, marking a sharp recovery after a previous week of outflows. This surge in inflows has been primarily attributed to an interesting trend In the United States.
Bitcoin Leads In Fund Inflows As Ethereum Sees Continued Outflows
Bitcoin investment products were the main leader in last week’s fund flow, attracting $419 million in net inflows, according to data from CoinShares.
Interestingly, short-Bitcoin investment products, designed to profit from…