Crypto Funds Saw Year's Highest Inflows as Terra Crisis Crashed Markets
Some $274 million flowed into digital asset funds as investors bought the dip, amid a broad crypto-market sell-off triggered by Terra's turmoil.
Some $274 million flowed into digital asset funds as investors bought the dip, amid a broad crypto-market sell-off triggered by Terra's turmoil.
She's a crypto OG. Stylish. Unapologetic. And a priestess of her own cult. Demirors is a speaker at CoinDesk's Consensus festival in June.
Some $120 million flowed out of digital-asset funds in the week through April 29, according to CoinShares.
The stagnant crypto market has hit the digital asset manager.
Some $97 million flowed out of digital asset funds in the week through April 15.
Some $180 million flowed into digital asset funds in the week through April 1, CoinShares reported on Monday.
The government is set to reveal its regulatory package for crypto in the coming weeks.
After two straight weeks of outflows, $193 million flowed into crypto funds in the seven days through March 25.
Investors continue to be daunted by the uncertain market and economic environment.
Both bitcoin and ether vehicles saw a sizable exit of money, according to the report.