Cryptocurrency investment products: reversal of five weeks of net outflows may improve market sentiment

James Butterfill, head of research at cryptocurrency investment company CoinShares, reported on the 24th that a total of $640 million (approximately 97 billion yen) inflows into digital asset investment products last week.

As shown in the image below, the flow of funds has reversed after five consecutive weeks of outflows. Butterfill said the reversal in the flow of funds suggests a change in sentiment toward digital assets.

He reported that assets under management increased 6.3% last week compared to March 10. He said that flow of funds was positive every day last week...