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cryptonews 2022-05-30 15:22:00

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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