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Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports

Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports


Bitcoin.com
2024-09-23 19:05:46

Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s (FOMC) decision to cut interest rates by 50 basis points (bps). Coinshares: U.S. Leads Digital Asset Inflows According to


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