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Crypto Funds Hit $2.45B Record-breaking Global Inflows

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crypto inflows: Crypto inflows hit $4.9 billion as of mid-April: Coinshares data


NEW YORK: Inflows into cryptocurrency funds and products hit $4.9 billion as of April 16, with the pace of increase slowing a bit in the first two weeks of the month after hitting record levels in the first quarter, data from digital currency manager Coinshares showed on Tuesday.
Inflows in the first two weeks of April hit about $400 million to $4.9 billion, or about 9% higher than an all-time high of $4.5 billion in the first three months of the year.
The pace of inflows had already moderated in the first quarter, after a 240% surge in the fourth.
That said, inflows in the second week of April totaled $233 million, the largest since early March, Coinshares said. ....

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