REUTERS/Kim Hong-Ji
- Crypto fund inflows added $293 million last week, pushing the total for the year above $1 billion, per CoinShares.
- Year-to-date inflows have hit $1.14 billion, the third-highest yearly inflow on record.
- Total assets under management jumped 9.6% last week, and are up 99% year-to-date, the report said.
Cryptocurrencies like bitcoin and ether have rebounded in 2023, helping to generate big inflows to crypto funds through the course of the year.