Inflows in stock traded bitcoin and Ethereum products have hit a record this quarter according to Coinshares.
Some $4.2 billion has been invested during the first quarter of 2021, compared to $3.9 billion for the last quarter. That brings total assets under management to $55.8 billion, up from $37.6 billion at the end of last year.
“Funds flows data highlighted Ethereum as being increasingly popular among investors with inflows of $113 million last week, comprising almost 50% of total flows,” Coinshares says.
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