Crypto Funds Rake in $1 Billion in Inflows as Sentiment Rebounds

Digital asset investment products have finally broken the streak of four consecutive weeks of outflows. According to CoinShares’ weekly report, these assets recorded inflows of up to $1 billion, reflecting rebounding sentiment within the broader cryptocurrency market. The hope for an interest rate cut this December may have contributed to this pivot. Crypto Products Break 4 Weeks of Consecutive Outflows The fact that crypto ETPs recorded $1 billion of inflows last week marked the end of four consecutive ...