Crypto Funds Net Inflows of $2.2 Billion Last Week, Record Managed Size
Gold Finance reports that global crypto funds managed by BlackRock, Bitwise, Fidelity, and Shades of Gray recorded net inflows of $2.2 billion last week, the largest single-week inflows so far this year, according to a new report from asset management firm CoinShares, driven by “Trump inauguration anticipation” and positive cryptocurrency price movements. This pushed crypto fund assets under management (AUM) to a record high of $171 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A certain whale staked 24,000 ETH, worth $75.94 million
Bunni attacker address deposits 2,295.8 ETH into TornadoCash
Cloudflare control panel and Cloudflare API services are experiencing issues