Bitcoin, ethereum see strong inflows in latest week - CoinShares data


FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken March 15, 2021. REUTERS/Dado Ruvic/Illustration

NEW YORK (Reuters) - Bitcoin and ethereum, the two largest cryptocurrencies in terms of market capitalization, posted strong inflows last week that saw investments in the sector hit $489 million, the largest since February, CoinShares weekly data showed on Tuesday.

Bitcoin received the lion's share of investor inflows last week of $441.7 million, with $4.2 billion so far this year. The world's largest digital currency posted record weekly outflows the previous week.

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