CryptoSlate
Crypto-related investment products saw inflows of around $407 million, according to CoinShares’ latest weekly report. CoinShares head of research James Butterfill said the strong inflows are likely driven more by political developments, particularly the upcoming US elections, rather than changes in monetary policy. According to Butterfill: “This trend is evident in the fact that stronger-than-expected economic data […]
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Bitcoin tops $407 million crypto inflows amid election-driven dynamics
Crypto-related investment products saw inflows of around $407 million, according to CoinShares’ latest weekly report. CoinShares head of research James Butterfill said the strong inflows are likely driven more by political developments, particularly the upcoming US elections, rather than changes in monetary policy. According to Butterfill: “This trend is evident in the fact that stronger-than-expected economic data