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cryptonews
2022-05-30 15:22:00

Bitcoin Funds See Weekly Inflows as Analysts Debate ‘Bounce’

Bitcoin Funds See Weekly Inflows as Analysts Debate ‘Bounce’

Investment funds backed by bitcoin (BTC) and crypto once again saw inflows last week, as BTC extended a now 9-week-long losing streak. At the same time, some analysts are turning positive on the near-term outlook for bitcoin in particular, predicting a “bounce” to the upside in June. According to data from the crypto research and investment firm CoinShares, regulated crypto-backed funds saw inflows of USD 87m last week, after seeing outflows of USD 141m the week before....Read More: Bitcoin Funds See Weekly Inflows as Analysts Debate ‘Bounce’

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