Express

CoinShares: Crypto Funds Saw $441 Million In Inflows Last Week

Mary Liu

Summary: CoinShares' latest weekly report shows that the total inflow of funds from digital asset investment products last week reached $441 million. The report believes that the recent price weakness caused by Mt. Gox and the selling pressure from the German government are likely to be seen as buying opportunities. Bitcoin inflows reached $398 million, but ...

CoinShares' latest weekly report shows that the total inflow of funds from digital asset investment products last week reached $441 million.

The report believes that the recent price weakness caused by Mt. Gox and the selling pressure from the German government are likely to be seen as buying opportunities. Bitcoin inflows reached $398 million, but Bitcoin only accounted for 90% of the total inflows as investors chose to invest in a wider range of altcoins. 

The report added that blockchain-related stocks did not reflect the improvement in investor sentiment, with another $8 million of funds flowing out last week.

Last Update:

Tags:
Link: CoinShares: Crypto Funds Saw $441 Million In Inflows Last Week   [Copy]
  • Ethereum All Core Developers Execution Call #192 Writeup 2 days ago
  • The Product Gap in Blockchain: Shifting Focus from Infrastructure to User-Centric Appli... 4 days ago
  • What Would a Trump Presidency Mean for Bitcoin? 5 days ago
  • Google’s move on Wiz: a cybersecurity game-changer, or another pointless splurge? 7 days ago
  • The Risks and Rewards of Staking 7 days ago
  • You need to login to comment.