Institutional merchants have locked a record sum of capital into funding products despite commerce volume declining through the second half of 2021.
According to CoinShares’ Nov. 15 “Digital Asset Fund Flows Weekly” report, Bitcoin (BTC) funding products noticed complete inflows of $97.5 million between Nov. 8 and Nov. 12 — pushing the sector’s property beneath administration (AUM) as much as a record $56 billion. Year-to-date (YTD) inflows additionally tagged $6.5 billion final week.
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