BlackRock, Fidelity Funds Soar: Institutional Crypto Inflows Hit $3.17B Despite $20B Wipeout
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In a powerful show of institutional conviction, investment products from giants like BlackRock, Fidelity, and Grayscale hauled in $3.17 billion last week.
This occurred against a backdrop of market chaos, where a cascade of liquidations erased over $20 billion in value.
CoinShares research highlights that the outflows following the crash were minimal, with the firm’s Head of Research, James Butterfill, noting “little reaction” to the price correction. The data suggests a decoupling between short-term market panic and long-term institutional strategy.
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