US Political Shifts Spark $901M Inflows into Crypto Funds
US Political Shifts Spark $901M Inflows into Crypto Funds
In October, crypto investment products saw a remarkable $901 million in inflows, the fourth-largest on record, representing 12% of total assets under management, according to CoinShares. This influx brings the year-to-date total to $27 billion, nearly tripling the 2021 record of $10.5 billion.
James Butterfill, head of research at CoinShares, notes that U.S. political dynamics, particularly rising Republican polling gains, have likely fueled ...
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