Crypto investment funds intake $130M, while filings reveal new spot BTC ETF purchasers
Inflows to crypto investment funds top $130 million, and 13F filings reveal new institutional investors’ spot BTC ETF positions.
Cryptocurrency investment products saw inflows totaling $130 million in the week ending May 6, reversing a five-week streak of outflows, according to CoinShares.
According to CoinShares’ “Digital Asset Fund Flows Weekly” report published on May 13, institutional investors increased their exposure to digital assets, with crypto investment products seeing total inflows of $130 million this past week.
Once again, the lion’s share of movement was attributed to Bitcoin (BTC) investment funds, which received $144 million in inflows.
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Author: Nancy Lubale
