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Recent Digital Asset Inflows of $21M Reported by CoinShares were Lowest Since Oct 2020, BTC Flows Still Steady, ETH Most Popular on a Market Cap Basis

From crowdfundinsider.com

European digital asset manager CoinShares reports that the inflows of $21 million last week (from a March 29, 2021 report) were the lowest since October of last year. CoinShares added that flows into digital asset investments “remained positive last week (as reported on March 29) at $21 million.” The fund manager also noted that “coupled with lower investment volumes does imply that investor appetite for digital assets has waned in recent weeks as volatility remains high and price trades sideways.” The CoinShares report added that Bitcoin or BTC managed to receive the largest in total flows, however, Ethereum (ETH) ... (full story)

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  • Category: Fundamental Analysis