Bitcoin inflows hit record high so far in 2021 -CoinShares data By Reuters – Investing.com
- Date: 09-Nov-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Bitcoin inflows hit record high so far in 2021 -CoinShares data By Reuters – Investing.com
By Gertrude Chavez-Dreyfuss
NEW YORK (Reuters) - Inflows into bitcoin products and funds have hit a record $6.4 billion so far this year, data from digital asset manager CoinShares showed, as investors bought the cryptocurrency on more widespread government acceptance and positive momentum.
inflows totalled $95 million last week, representing the largest inflows of all digital assets, while inflows during an eight-week bull run for the cryptocurrency were $2.8 billion, the CoinShares data showed on Monday.
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