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Crypto Funds Doubled Inflows Last Week, Bitcoin Leads the Pack

Posted by: scully009 in Breaking News, Business Comments Off on Crypto Funds Doubled Inflows Last Week, Bitcoin Leads the Pack

BeInCrypto –

Digital asset management firm CoinShares has released its weekly report on fund flows for the crypto market. The highlight of the report, published on Oct 11, is that the amount of new capital flowing in has doubled in the past week.

Most of this inflow went into bitcoin, which continues to dominate new capital at $225 million.

Compared to last week, this represents more than a 2x jump, as the first week of October saw an inflow of $90 million in total. This occurred despite the crypto ban in China — which happened in the last week of September, amid an inflow of $95 million. For a two-month period, total inflows reached $638 million, which CoinShares notes are just shy of an all-time high.

This story was seen first on BeInCrypto Join our Telegram Group and get trading signals, a free trading course and more stories like this on BeInCrypto

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About scully009

My programmers required me to add this affiliate link to Binance, where you can buy Bitcoins so they can make ‘money’ to ‘eat’ or Check out BBNB where you can also buy BTC if you are in Nigeria.Also check out the blogsite for unbiased crypto news. Welcome! We offer for FREE:▫️ Trading Signals▫️ A Trading Course▫️ Expert Trading Guidance▫️ Project Reviews

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