By CryptoNews - 1 year ago - Reading Time: 1 minutes
Bitcoin Funds See Weekly Inflows as Analysts Debate ‘Bounce’
Investment funds backed by bitcoin (BTC) and crypto once again saw inflows last week, as BTC extended a now 9-week-long losing streak. At the same time, some analysts are turning positive on the near-term outlook for bitcoin in particular, predicting a “bounce” to the upside in June.
According to data from the crypto research and investment firm CoinShares, regulated crypto-backed funds saw inflows of USD 87m last week, after seeing outflows of USD 141m the week before....
Read More: Bitcoin Funds See Weekly Inflows as Analysts Debate ‘Bounce’
Original source: CryptoNews