CPI report spurs $932 million inflows into crypto investment funds

Digital active investment funds attracted $932 million In weekly influx, according to has Coin Shares data.

CPI report spurs $932 million inflows into crypto investment funds News

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Cryptography-based investment some products saw A significant influx on THE previous week, marking THE second consecutive week of positive flows Since THE recent walk slow-down.

According to has Coin Shares data, digital active investment some products amassed $932 million between Can 13 And 17, led by A immediate answer has THE WE. Consumer Price Hint (CPI) report, which seemed has to show that inflationary pressures were moderation Again. Despite upper nflux, weekly volumes stayed relatively weak has $10.50 billion, A sharp contrast has THE $40 billion observed In March.

"Interesting way, THE influx were A immediate answer has THE lower than expected CPI report on Wednesday, with THE last 3 trade days of THE week manufacturing up 89% of THE total flows, highlighting OUR see that Bitcoin prices to have recoupled has interest rate expectations. »

CPI report spurs $932 million inflows into crypto investment funds

Digital active investment funds attracted $932 million In weekly influx, according to has Coin Shares data.

CPI report spurs $932 million inflows into crypto investment funds News

Own This piece of crypto history

Collect This article as NFT Join We on social networks

Cryptography-based investment some products saw A significant influx on THE previous week, marking THE second consecutive week of positive flows Since THE recent walk slow-down.

According to has Coin Shares data, digital active investment some products amassed $932 million between Can 13 And 17, led by A immediate answer has THE WE. Consumer Price Hint (CPI) report, which seemed has to show that inflationary pressures were moderation Again. Despite upper nflux, weekly volumes stayed relatively weak has $10.50 billion, A sharp contrast has THE $40 billion observed In March.

"Interesting way, THE influx were A immediate answer has THE lower than expected CPI report on Wednesday, with THE last 3 trade days of THE week manufacturing up 89% of THE total flows, highlighting OUR see that Bitcoin prices to have recoupled has interest rate expectations. »

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