Cryptocurrency registers record inflows in first 11 months

NEW YORK: Cryptocurrency products and funds posted record inflows in the first 11 months of the year as institutional investors flocked to the space despite price drops over the past few weeks, data from digital asset manager CoinShares showed on Monday. Total inflows into the region stood at $9.5 billion as of November 26, the … Read more

Cryptocurrency Post Inflows in Latest Week Led by Bitcoin

NEW YORK: Cryptocurrency products and funds posted inflows in the latest week, with investors unimpressed by the latest price corrections, weekly data from digital asset manager CoinShares showed on Monday. Institutional investors poured $154 million into the crypto sector in the week ended November 19, with a total of $9.2 billion to date, which already … Read more

Bitcoin inflows hit all-time high in 2021

NEW YORK: A record $6.4 billion has been poured into bitcoin products and funds so far this year, data from digital asset manager CoinShares shows as investors bought the cryptocurrency with more widespread government acceptance and positive momentum. Data from CoinShares on Monday showed bitcoin inflows totaled $95 million last week, representing the largest inflow … Read more