Investors Put $14M Into Crypto Funds Last Week as Bitcoin Market Cratered

Inflows into digital-asset funds last week – after five straight weeks of outflows – suggest investors were taking advantage of the price dip.

1/24/2022 8:47:00 PM

THEY BOUGHT THE DIP: Crypto funds attracted fresh money last week even as bitcoin's price fell by the most since May. AngeliqueChen07 reports.

Inflows into digital-asset funds last week – after five straight weeks of outflows – suggest investors were taking advantage of the price dip.

Jan 24, 2022 at 5:46 p.m. UTCUpdatedJan 24, 2022 at 5:46 p.m. UTCCryptocurrency funds brought in $14.4 million of new investor money during the seven days through Jan. 21. (CoinShares)As crypto traders suffered last week through the market's worst stretch in months, investors in digital-asset funds appear to have bought the dip.

Cryptocurrency funds brought in $14.4 million of new investor money during the seven days through Jan. 21, ending a streak of five straight weeks of outflows, according to a report Monday from the digital-asset managerCoinShares.The inflows came during the latter part of the week,"during a period of significant price weakness," according to the report."Investors, at current price levels, are seeing this as a buying opportunity."

Read more: CoinDesk »

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Does a Fed digital dollar leave any room for crypto stablecoins?A regulated dollar might be able to exist with stablecoins. Otherwise, we might witness a 'survival of the fittest' situation. If we're talking NFTs that have potential then the only right answer would be Meta2Earn, that develop game’s NFT for Play2Earn's most popular games and metaverses. I'd dare you to find anything with as near an amazing art structure as that. 💯💥 Bkex is an exchange that freezes the accounts of earning users and extorts their money. You will never get your money. No customer support. There is no honest CEO like Cz. Their sole purpose is to extort money from people. BKEXGlobal bkex BSCStation best launchpad

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Bitcoin Sinks To Six-Month Low, Leading Crypto Market DownwardFollowing a Thursday plunge, which sent the Nasdaq 100 Index into a correction, cryptocurrencies tumbled overnight, recording losses of nearly $200 billion. Next pump um 35 days!!!