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Investors unfazed by correction as crypto funds see $154 million inflows
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livemint.comCrypto funds or digital asset investment products saw inflows totalling $154 million last week, with the recent correction, where bitcoin prices fell by 12% over the week, seemingly not impacting the positive investor sentiment, according to digital asset manager CoinShares.
Notably, bitcoin continued to see the majority of inflows, totalling $114 million for the week ended 19 November.
“This has helped it retain an asset under management (AUM) share of 67% over the last month amongst investment products. Although this has not been reflected in market prices, with bitcoin having fallen 4% over the month versus ethereum which rose 14% over the same period," CoinShares said in a report.
According to the digital asset manager, this disparity
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