Digital Asset Funds Add $224M, But Investment Momentum Slow

Digital Asset Funds Add $224M, But Investment Momentum Slow

Digital asset investment products attracted $224 million in inflows last week, pushing the 7-week total to $11 billion. Despite this, the pace of investments appears to be slowing, as investors grow cautious and await clearer guidance from the US Federal Reserve regarding inflation and the broader direction of monetary policy. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, Bitcoin recorded $56.5 million in…

Crypto Products See ‘Noticeable Deceleration’ of Inflows As Monetary Policy Uncertainty Grows: CoinShares - The Daily Hodl

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…

Crypto Investment Products See $224M Inflows Led by Ethereum Amid Bitcoin Outflows

Digital asset investment products continue strong inflows, with Ethereum leading, while Bitcoin and other altcoins see moderate outflows. According to data from CoinShares, last week, digital asset investment products saw $224 million in inflows, extending a seven-week streak of positive growth.  This brings the total inflows over the past seven weeks to $11 billion. However, the pace of inflows has started to decelerate, reflecting growing unce…