Digital Investment Funds Thrive With $440 Million Inflow

IconCryptoNewsTerminal Staff08 Jul, 2024

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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.