Bitcoin Bargain? Investors Put Money Into Crypto Funds for Second Straight Week
Investors put money into cryptocurrency funds for a second straight week as the bitcoin market stabilized following one of its worst-ever starts to a year.Crypto funds saw inflows of $19 million during the seven days through Jan. 28, according to a report Monday from the digital-asset manager CoinShares.While the increase looks small relative to some of the $200 million-plus weeks of inflows in 2021, the trend suggests investors are cautiously adding to positions “at these depressed price levels,” the CoinShares analysts wrote.Investors put some $14 million into crypto funds during the prior week – reversing five straight weeks of redemptions…