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International Business Times
International Business Times
Business
Nica Osorio

Crypto Fund Inflows Record $43M As Bitcoin Held In Exchanges Drops To 6-Year Low

Bitcoin Crypto Bitfinex CoinShares
Bitcoin on gamer keyboard (Credit: QuoteInspector.com/flickr)

KEY POINTS

  • Crypto fund inflows added around $43 million last week
  • Bitcoin supply on centralized cryptocurrency exchanges dropped to a six-year low
  • Bitcoin was trading in the red zone at $41,779.79 Tuesday morning

The supply of Bitcoin held in centralized cryptocurrency exchange platforms dropped to a six-year low last week, while crypto fund inflows at asset managers saw an additional $43 million, recording an 11-week streak to reach $1.7 billion.

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