Institutional Investment in Cryptocurrency Soars

Recent data from CoinShares reveals a significant surge in institutional investment into cryptocurrency asset funds. Over the past week alone, an impressive $3.3 billion flowed into these funds, marking a new record and bringing total year-to-date inflows to a staggering $10.8 billion. This growth has propelled total assets under management to a historic peak of $187.5 billion. 💰 📈