Economy News – Follow-up
Investment funds in encrypted assets have recorded external inflows for the fifth consecutive week, marking the longest weekly inflow streak to date, with a total of $1.7 billion for the week ending March 14, as reported by CoinShares.
The cumulative external outflows during this negative flow period have reached $6.4 billion.
This marks the seventeenth consecutive day of external inflows, representing the most extended daily inflow streak ever recorded.
Approximately 69% of these external inflows originated from American funds. Bitcoin led the inflows with $978 million, followed closely by Ethereum at $176 million.
Year-to-date, the overall flows remain positive at $912 million, despite a total market decrease of $48 billion.
For ongoing updates, consider subscribing to our channel on Tilekram.