2023-04-12 16:01:44
Bitcoin continues to shine with 98% of inflows into crypto investment products According to CoinShares' 'Digital Asset Fund Flows Report', Bitcoin saw $56 million of inflows last week, which accounted for 98% of all investments into digital asset investment products.
According to the report, inflows were primarily driven by investors in the United States, with $27 million in inflows. Germany, Switzerland and Canada also saw positive sentiment, with inflows totaling $17 million, $13 million and $2.2 million, respectively, indicating a broad-based increase in confidence toward digital assets.
Overall, the positive sentiment in the digital asset market last week indicates that investors remain bullish on the prospects of cryptocurrency.
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