Traditional finance fears drive digital asset investment inflows to $160M By Cointelegraph
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On March 27, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Report,” revealing that digital assets continue to attract investors’ attention as concerns over the stability of traditional finance continue to grow.
According to the report, investment products in digital assets experienced inflows of $160 million last week, the largest since July 2022, marking a significant reversal after six weeks of outflows totaling $408 million. The report also noted that “while the inflows came relatively late compared to the broader crypto market,” investors are increasingly concerned about the stability of the traditional finance sector.
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On March 27, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Report,” revealing that digital assets continue to attract investors’ attention as concerns over the stability of traditional finance continue to grow.
According to the report, investment products in digital assets experienced inflows of $160 million last week, the largest since July 2022, marking a significant reversal after six weeks of outflows totaling $408 million. The report also noted that “while the inflows came relatively late compared to the broader crypto market,” investors are increasingly concerned about the stability of the traditional finance sector.
Continue Reading on Coin Telegraph
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