tl;dr

Looks like the digital asset investment funds are on a roll, raking in $176M in inflows last week. In fact, this marks the 10th consecutive week of inflows, totaling a whopping $1.76B, a record-breaking achievement. Bitcoin accounted for about 75% of last week's inflows, showing that investor intere...

Looks like the digital asset investment funds are on a roll, raking in $176M in inflows last week. In fact, this marks the 10th consecutive week of inflows, totaling a whopping $1.76B, a record-breaking achievement. Bitcoin accounted for about 75% of last week's inflows, showing that investor interest in cryptocurrency is stronger than ever. Despite the smaller magnitude of inflows compared to the previous week, the cryptocurrency market remains resilient, with Ethereum also seeing significant inflows of $31M, bringing its five-week total to $134M. With the price of Bitcoin and Ethereum both making gains, it's clear that the cryptocurrency market is still very much in the game.

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The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 22 Nov 24
 22 Nov 24
 22 Nov 24