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Institutional Crypto Products Record $862 Million in Net Inflows

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Crypto,Institutional,Inflows

According to CoinShares, institutional crypto products saw $862 million in net inflows, bringing year-to-date inflows to $13.13 billion. Total assets under management (AuM) reached $98 billion, with Bitcoin-linked funds receiving the highest inflows of $865 million.

According to James Butterfill, Head of Research at crypto asset management firm CoinShares, institutional crypto products recorded $862 million in net inflows, bringing year-to-date inflows to $13.13 billion.

This is a significant increase compared to the total inflows recorded in 2021. Total assets under management (AuM) reached $98 billion, marking an 11% increase from the previous week. Bitcoin-linked funds received the highest inflows of $865 million.

 

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