Crypto inflows hit $2B in June, Ethereum sees best week since March with $69M
CoinShares believes the turnaround is due to weaker than expected macro data in the U.S.
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CoinShares believes the turnaround is due to weaker than expected macro data in the U.S.
Matrixport’s head of strategy said he believes the market is currently in a “wait-and-see environment” but could shift after the U.S. mid-term elections in November.
Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week.
According to CoinShares, last weeks increase in crypto investment products was influenced by the upcoming US elections rather than monetary policy outlooks.
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