Institutional investment firms are pouring money back into crypto funds, and over half of it is going to Bitcoin alone, contrasting from the significant outflows of capital the week prior.
CoinShares data revealed on Tuesday that institutional investments into cryptocurrencies are at the highest levels in three months, a sharp rise from the previous week which saw outflows of $47 million.that investment products for digital assets saw total inflows of $193 million last week, a level not seen since early December 2021.$184 million worth of inflows.
The fund flows had a big focus on Bitcoin , with just over 50% of the capital going into products based on BTC, which saw inflows totaling $98 million.
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