Crypto Products See ‘Noticeable Deceleration’ of Inflows As Monetary Policy Uncertainty Grows: CoinShares
Institutional crypto investment vehicles enjoyed nearly $225 million in inflows last week, according to CoinShares.
In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that last week’s institutional crypto inflows, while positive, have fallen significantly in the last two weeks, perhaps due to uncertainty on US monetary policy.
“Digital asset investment products saw US$224m in inflows last week, extending this 7-week streak to US$11bn. However, there has been a noticeable deceleration amid uncertainty over monetary policy, with investors adopting a wait-and-see stance ahead of further signals from the US Federal Reserve on inflation.”
Regionally, the US led internationally with…
