Bitcoin dominance drives $1.2B inflows in crypto investment products

Oluwapelumi Adejumo

Inflows into crypto-related investment products continued for the third consecutive week, with $1.2 billion flowing into the sector, according to CoinShares’ latest weekly report. James Butterfill, CoinShares’ head of research, attributed the strong inflows to expectations of a dovish US monetary policy and positive market momentum. These factors pushed total assets under management up 6.2% to $92.7 billion. […]

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Bitcoin dominance drives $1.2B inflows in crypto investment products