Crypto fund inflows hit $2B in May led by BTC — CoinShares
Weekly inflows into crypto funds totaled $185 million for the last week in May, with monthly investment fund inflows reaching $2 billion.
Digital asset funds experienced a fourth consecutive week of inflows, according to the latest CoinShares Digital Asset Fund Flows report, released June 3.
According to the report, digital asset funds saw $185 million in weekly inflows for the final week of May, with total monthly inflows totaling $2 billion—bringing the year-to-date inflow of capital to more than $15 billion.
The lion’s share of weekly inflows came from the United States, accounting for $130 million of last week’s inflows, though the report also noted incumbent issuer outflows of $260 million in the U.S.
Weekly inflows into crypto funds totaled $185 million for the last week in May, with monthly investment fund inflows reaching $2 billion.
Digital asset funds experienced a fourth consecutive week of inflows, according to the latest CoinShares Digital Asset Fund Flows report, released June 3.According to the report, digital asset funds saw $185 million in weekly inflows for the final week of May, with total monthly inflows totaling $2 billion—bringing the year-to-date inflow of capital to more than $15 billion.The lion’s share of weekly inflows came from the United States, accounting for $130 million of last week’s inflows, though the report also noted incumbent issuer outflows of $260 million in the U.S.Read more