Crypto Funds Notch Big January Inflows Amid Surge for Tokens
- Investors deployed $210 million into those products last month
- Total assets under management grew 37% in span: CryptoCompare
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The resurgence in digital assets in January looks like it’s finally tempting investors back to the battered world of crypto ETPs.
More than $210 million poured into exchange-traded products that track cryptocurrencies in January, the most since May, according to data tracked by Bloomberg Intelligence. Total assets under management grew 37% during the month to $19.7 billion, also the highest since May of last year, according to CryptoCompare data.