Following Bitcoin’s gradual rebound seen last week, the global crypto investment products also appear to have witnessed a notable influx of funds, with a substantial $1.44 billion pouring in over the same period. According to CoinShares, a leading crypto asset management firm, this surge has pushed the year-to-date total to top roughly $17.8 billion, highlighting a growing confidence among investors despite recent market downturns. Related Reading: Institutions Grab Over $5 Billion Bitcoin in a Week: Are They Predicting a Mega Rally? Surge In Crypto Fund Inflows According to the insight shared by CoinShares in its latest report, last week’s activity marked one of the largest net inflows recorded, significantly outpacing the $10.6 billion accumulated during the entire bull run of 2021. This significant increase can be largely attributed to investors taking advantage of recent dips in the prices of many different cryptocurrencies. Bitcoin-centric funds dominated this movement, bringing in about $1.35 billion of that total amount. This indicates investors’ robust appetite for the leading cryptocurrency, which continues to dominate the market despite periodic volatility. Conversely, products betting against Bitcoin (short- ..
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