Digital-asset funds have attracted capital over the previous two weeks, albeit at a slower tempo as buyers stay cautious after the crypto crash in Could. It seems that buyers are warming up ether, which noticed a 3rd consecutive week of inflows totaling $11.7 million, based on a report by CoinShares.
General, internet inflows to digital asset funds totaled $2.9 million for the week ending July 9, down from $4 million throughout the earlier week. Fund flows have weakened following a interval of robust investor demand throughout bitcoin’s rally in This autumn 2020.
Source: CoinDesk