Cryptocurrencies show inflows after record outflows in previous two weeks

Cryptocurrencies show inflows after record outflows in previous two weeks

By Gertrude Chavez-Dreyfuss

NEW YORK (Reuters) – Cryptocurrencies posted inflows last week after hitting record outflows the previous two, as investors took advantage of price declines in the market, data from digital currency manager CoinShares showed late Tuesday.

Inflows into crypto investment products and funds totaled $74 million last week. That followed record outflows of $151 million the previous two weeks, representing 0.3% of assets under management.

Bitcoin products continued to see…


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