Crypto Investment Products See Third Week of Gains Led by US Investors
CoinShares data shows cautious optimism returning as capital flows rise, even as Bitcoin lags and volatility lingers across crypto markets.
Digital asset investment products recorded total inflows of $864 million last week, in the third consecutive week of modest gains.
CoinShares said that this trend indicates a cautiously optimistic investor sentiment despite mixed market reactions following the recent US Federal Reserve interest rate cut.
Cautious Optimism Builds
According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, Bitcoin led inflows with $522 million, while short Bitcoin products saw outflows of $1.8 million, amid improving…
