Institutional crypto managers report record AUM despite U.S. inflows plummeting
Institutional inflows have declined 59% this past week, but AUM is at an all-time high. According to digital asset investment manager, CoinShares, institutional demand in the U.S. has declined slightly however European funds are still buying.According to Coinshares’ March 22 Fund Flows Weekly report, combined flows into institutional crypto products totaled $99 million for the week ending March 20.The data indicates a significant decline in institutional demand, with inflows down 59% from the previous week, which recorded $242 million.However, the researchers noted that the assets under....
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