Inflows to crypto investment products rose over the past week, but Ethereum continues to lose investors’ interest.
According to the latest report by CoinShares, flows into cryptocurrency investment products rebounded last week, with $436 million in net inflows led by Bitcoin.
Following a two-week streak of outflows, crypto funds at asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares saw positive flows for the week ending Sept. 13 in what CoinShares believes can be explained by the market’s expectation of an interest rate cut by the United States Federal Reserve.
In the latest “Digital Asset Fund Flows Weekly Report,” CoinShares head of research James Butterfill wrote:
