Attention bitcoin investors: Top strategist sees a troubling trend amid record market inflows

Attention bitcoin investors: Top strategist sees a troubling trend amid record market inflows

As a record amount of money flows into the market, Wilmington Trust's Meghan Shue sees a troubling trend.

Shue, who oversees almost $136 billion in assets, is concerned retail investors are rushing into stocks and cryptocurrencies that are high risk and offer few benefits “” if any at all.

"It's a little bit of chasing returns in the wrong areas. It's also a little bit of chasing what's already happened," the firm's head of investment strategy told CNBC's "Trading Nation" on Friday. "One thing we have to be careful of is not to extrapolate what we've seen over the recent three months into the future."

Shue's warning comes after Bank of America's latest weekly report found investor inflows hit an all-time high. Its latest data shows $58 billion went into global stocks.

"What we have seen from that Bank of America data are record inflows into U.S. large cap, in the tech sector," said Shue, a CNBC contributor. "But less attention is being paid to areas that we think offer better potential for future returns."

Shue's concerns also apply to speculative assets involved in this year's Reddit-induced retail trading mania pumping up lower quality stocks “” as well as bitcoin. As of Friday's close, the cryptocurrency