Digital Investment Funds Thrive With $440 Million Inflow
CryptoNewsTerminal Staff08 Jul, 2024
Digital Investment Funds Thrive With $440 Million Inflow
Digital asset investment products experienced a net inflow of $441 million last week, indicating a reversal from previous outflows. Bitcoin products were responsible for the majority of the inflows, with $398 million attributed to them. Solana investment products followed with $16 million in inflows. Geographically, Hong Kong, Switzerland, and Canada saw strong inflows of $32 million, $24 million, and $12 million, respectively. Despite recent price dips due to factors like the Mt. Gox and German government news, some market participants view the current situation as a buying opportunity.