Crypto Funds Attract $3.3 Billion in a Week Amid Weak US Macroeconomic Data


Crypto Funds Attract $3.3 Billion in a Week Amid Weak US Macroeconomic Data

Between September 5 and 13, investment products based on digital assets recorded an inflow of $3.3 billion, according to a report by CoinShares

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Weekly inflow dynamics in crypto funds. Source: CoinShares. 

The total volume of assets under management reached $239 billion, the highest level since August. The cumulative inflow since the beginning of the year has risen to $38.4 billion.

The recovery was aided by macroeconomic news from the US. On September 10, negative data on industrial inflation emerged, after…

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