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.
Own This piece of crypto history
Collect This article as NFT Join We on social networksCryptography-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](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDUvODkxMTRlZGYtODBhOC00MDk2LWEwYTUtOTE2NzVjZjY0OWEwLmpwZw==.jpg?#)
Digital active investment funds attracted $932 million In weekly influx, according to has Coin Shares data.
Own This piece of crypto history
Collect This article as NFT Join We on social networksCryptography-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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