Crypto funds saw net inflows of $2.20 billion last week, setting a new record for asset management
According to the latest report of asset management firm CoinShares, driven by the "expectation of Trump's inauguration" and the positive trend of cryptocurrency prices, global crypto funds managed by BlackRock, Bitwise, Fidelity, grey release and other institutions recorded a net inflow of $2.20 billion last week, the largest weekly inflow this year. This pushed the crypto fund asset management (AUM) to a record high of $171 billion.