Crypto investment products see $2 billion of inflows in May amid 'turnaround' in Ethereum sentiment: CoinShares
Global crypto investment products at asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares and 21Shares registered net inflows totaling $185 million last week, a fourth-consecutive week of positive inflows, according to CoinShares' latest report. The streak saw May inflows reach $2 billion, pushing year-to-date net inflows above the $15 billion level. However, volume fell over the past week, generating $8 billion in trading compared to $13 billion the week prior.
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