Crypto Fund Inflows Reach $862M Post Significant Outflows

Tuesday, 2 April 2024, 11:38

According to the latest report by CoinShares, crypto funds experienced a significant turnaround with inflows of $862 million after $1 billion outflows the previous week. This surge in inflows coincided with a recovery in BTC's price, reaching just under $70,000 on March 29, marking a nearly 10% increase from the previous week. The report highlights a positive shift in investor sentiment towards cryptocurrency funds.
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Crypto Fund Inflows Reach $862M Post Significant Outflows

Crypto Fund Inflows Surge Post Outflows

The latest report by CoinShares reveals a significant increase in crypto fund inflows to $862 million following outflows of $1 billion the previous week. This surge coincided with BTC's price recovery to nearly $70,000 on March 29, up 10% from the week before.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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