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Investors adding to positions, despite geopolitical risks with inflows of $127M

2022/03/07 15:24

According to CoinShares, digital asset investment products saw inflows totalling $127M last week, an uptick on the previous week, suggesting investors remain supportive of digital assets despite the recent geopolitical events prompting a sell-off in risk assets. In a similar manner to the previous week, the positive sentiment was centred in North America with inflows totalling $151M versus outflows in Europe totalling $24M. Bitcoin saw inflows totalling $95M last week, the largest single weekly inflow since early December 2021, and has now seen 7 consecutive weeks of inflows. Ethereum saw inflows totalling $25M last week, the largest in 13 weeks.
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