Bitcoin Continues to Attract Big Bucks Amid Market Dominance Decline
The world’s largest cryptocurrency, Bitcoin (BTC), is reported to have attracted about $442 million in BTC-related investments over the last week.
According to the weekly digital asset fund flows report by CoinShares, the total inflow of capital into the crypto space peaked at $489 million at the end of April, a two-month high. As expected, a large percentage of that capital inflow went to Bitcoin-related products.
CoinShares also noted that Ethereum-related investment products are gaining more investment appeal. The company reported that ETH attracted about $30 million worth of investment inflows last week, bringing the total Ethereum investment products under management to a record high of...
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