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The Daily Hodl 2024-05-20 18:41:04

Institutions Pour $932,000,000 Into Crypto Products Amid Prospect of Interest Rate Cuts: CoinShares

Digital assets manager CoinShares says institutions poured nearly a billion dollars into crypto products last week in response to Consumer Price Index (CPI) data. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products raked in $932 million in net inflows last week despite trading volumes being down approximately 75% from March. The post Institutions Pour $932,000,000 Into Crypto Products Amid Prospect of Interest Rate Cuts: CoinShares appeared first on The Daily Hodl .

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