According to CoinShares, last week’s increase in crypto investment products was influenced by the upcoming US elections rather than monetary policy outlooks.
Cryptocurrency investment products have posted another successful week as Bitcoin led weekly inflows with $419 million.
Digital asset investment products saw inflows of $407 million during the week from Oct. 5–11, CoinShares reported in its latest Digital Asset Fund Flows Weekly Report on Oct. 14.
The fresh crypto inflows followed a minor $127 million sell-off the previous week, which came amid stronger-than-expected economic data in the United States.
