Crypto ETF inflows slow to $230M as Fed caution dents momentum: CoinShares
Crypto exchange-traded fund (ETF) inflows have decreased to $230 million, reflecting a slowdown in momentum attributed to the Federal Reserve's cautious stance on interest rates. CoinShares reported that this decline marks a significant drop from previous weeks, where inflows were much higher. The overall sentiment in the crypto market appears to be affected by regulatory uncertainties and macroeconomic factors. Despite the slowdown, Bitcoin remains the most popular asset among investors, accounting for the majority of the inflows.
Read the full article: Coin Telegraph