Crypto Funds See Inflows for First Time in a Month, Bringing In $441 Million

Digital asset investment products had positive inflows for the first time in a month after the prices of cryptocurrencies across the board dropped to their lowest levels in months.

Crypto digital asset products saw inflows totaling $441 million in the week ended July 5, CoinShares International Ltd. data show, a significant rebound from the $39 million in outflows the week prior. The major crypto products that CoinShares tracks were overall in the green last week.