MultiversX Tracker is Live!

Crypto funds rebound with $1B inflows after five-week slump

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 155 Views

Crypto funds rebound with $1B inflows after five-week slump

Crypto ETPs saw $1 billion in inflows last week, led by $787 million into US spot Bitcoin ETFs, ending a five-week outflow streak of nearly $4 billion

Crypto investment products recorded their first weekly inflows since January, snapping a five-week outflow streak totaling roughly $4 billion.

Crypto exchange-traded products (ETPs) attracted $1 billion last week, led by $882 million into Bitcoin (BTC) funds, according to a Monday report from CoinShares.

“From a macro standpoint, it is difficult to attribute the shift in sentiment to a single catalyst,” said James Butterfill, CoinShares’ head of research.

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments