Ethereum Sees Sentiment Reversal Among Institutional Investors Amid $2,000,000,000 Monthly Inflows: CoinShares

Ethereum Sees Sentiment Reversal Among Institutional Investors Amid $2,000,000,000 Monthly Inflows: CoinShares


Digital assets manager CoinShares says institutions poured two billion dollars into crypto products last month.

In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products reached $185 million in inflows last week.

“Digital asset investment products saw inflows for the 4th consecutive week totaling US $185 million, with May seeing US $2 billion inflows, pushing year-to-date inflows past the US $15 billion mark for the first time on record. Volumes were down for the week though, falling to US$8bn, relative to US $13 billion the week prior.”

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The US region brought in $130 million in inflows while Switzerland and Canada saw inflows of $36 million and $25 million, a stark turnaround for Canada, which saw overall outflows last month.

With investor sentiment

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