CoinShares: Bitcoin funds raised $8.8 million in a week

Institutional investors invested about $8.8 million in bitcoin-focused crypto funds last week.
CoinShares analysts note that large capital has been entering this instrument for the past five consecutive weeks. Since the beginning of 2022, the net inflow of institutional money into BTC funds was $291 million.
However, most investors are still skeptical about the medium-term prospects of the largest digital currency. Therefore, interest in cryptocurrencies remains weak, said James Butterfill, head of research at CoinShares.

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