Global Stock News

Crypto Funds Attract $619 Million in a Week

Crypto Funds Attract $619 Million in a Week


Crypto Funds Attract $619 Million in a Week

Crypto funds attracted $619 million in early March, driven by U.S. institutional investors.

Between March 2 and 6, inflows into cryptocurrency investment products reached $619 million, according to a report by analysts at CoinShares.

Weekly inflow dynamics into crypto fundsWeekly inflow dynamics into crypto funds
Weekly inflow dynamics into crypto funds. Source: CoinShares.

The trend was uneven. In the first three days, investors poured in $1.44 billion. On March 5 and 6, sentiment worsened, resulting in outflows of $829 million.

Analysts attributed this shift to macroeconomic…

Source link

Share this article

Scroll to Top