Bitcoin had the most inflows in the first quarter with US$3.5bil, according to the Coinshares data, followed by ethereum, which posted US$765mil in investments. - Reuters
NEW YORK: Inflows into cryptocurrency funds and products hit a record US$4.5bil (RM19bil) in the first quarter, suggesting increased institutional participation in the once-maligned sector, according to data from digital currency manager Coinshares.
The first quarter inflows represented an 11% increase from the last three months of 2020, which hit US$3.9bil.
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