Crypto funds see largest inflows since Mid-December
According to a report by CoinShares, fresh investment inflows into crypto funds reached their highest amount in 3 months last week. The reversal came as the price of bitcoin (BTC) rose 14% last week, its biggest weekly gain since last April.
Digital asset investment products saw $193 million in inflows in the 7 days through March 25. Inflows were led by European funds’ $147 million in inflows, with $45 million in inflows coming from American funds.