Cryptocurrency funds attract record fifth largest inflows, reaching $1.40 billion
2024-05-25 18:02:50
According to Bank of America, EPFR data shows that Japanese equity funds suffered the largest weekly outflow ever, reaching $5.90 billion; investors put $24.80 billion into cash funds in the week ending Wednesday; $12.50 billion flowed into the bond market and $10.50 billion flowed into the stock market in the past week; and cryptocurrency funds attracted the fifth largest inflow on record, reaching $1.40 billion.
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