Tuesday, 02 January 2024 12:17 GMT

Crypto Funds Record $1.4B In Weekly Inflows


(MENAFN- Investor Brand Network) Crypto asset investment products recorded their most significant weekly inflows in several months, signaling a renewed wave of investor confidence. Data from CoinShares shows that $1.4 billion entered crypto funds over the last week, extending a three-week streak of positive flows and pushing total assets under management to $155 billion (a 0.91% increase).

With assets under management holding steady at high levels and inflows continuing, the market appears positioned for further gains, though upcoming economic or political developments could still influence the trajectory. Industry actors like Marathon Digital Holdings Inc. (NASDAQ: MARA) will be watching...

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