Crypto Funds Net Inflows of $2.2 Billion Last Week, Record Managed Size
Gold Finance reports that global crypto funds managed by BlackRock, Bitwise, Fidelity, and Shades of Gray recorded net inflows of $2.2 billion last week, the largest single-week inflows so far this year, according to a new report from asset management firm CoinShares, driven by “Trump inauguration anticipation” and positive cryptocurrency price movements. This pushed crypto fund assets under management (AUM) to a record high of $171 billion.
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