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Inflows to Digital Asset Funds Recover, Driven by Altcoins

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Web inflows into digital asset funds totaled a comparatively tepid $74 million final week after a month of volatility in cryptocurrencies despatched traders off to the sidelines. The most recent constructive, albeit anemic, determine follows record outflows for the earlier two weeks totaling $151 million.

Nonetheless, demand for altcoin funding merchandise is selecting up, suggesting traders are beginning to diversify outdoors of bitcoin funds, in keeping with a report revealed by CoinShares on Tuesday.


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