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Crypto investment funds attract $2 billion in 2023

From financefeeds.com

The year 2023 marked a notable surge in investments in digital asset exchange-traded products (ETPs), with inflows exceeding $2 billion. This substantial growth positions 2023 as the third-largest year for net inflows into digital asset ETPs since 2017, crypto investment firm CoinShares said in a new report. The total inflows of $2.2 billion for the year were a significant leap from the inflows of 2022, indicating growing investor confidence in cryptocurrency as an asset class. A key driver behind this influx of investment was the increasing likelihood of the U.S. Securities and Exchange Commission (SEC) approving ... (full story)

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