Crypto funds saw a net inflow of $2.2 billion last week, setting a new record for asset management

01/20 16:32

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According to the latest report from asset management company CoinShares, under the drive of "expectations for Trump's inauguration" and positive trend of cryptocurrency prices, global crypto funds managed by institutions such as BlackRock, Bitwise, Fidelity, and Grayscale recorded a net inflow of $2.2 billion last week, the largest single-week inflow scale this year. This pushed the assets under management (AUM) of crypto funds to a historic high of $171 billion.

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