Over the past week, crypto funds have seen new investment flows rise to a three-month high, with European funds leading the momentum.
According to Arabianet, the jump, noted in the CoinShares report, was a reversal of a recent trend that included two consecutive weeks of outflows.
The reversal came as the price of Bitcoin, the largest cryptocurrency by market capitalization, surged 14% last week, the biggest weekly gain since last April.
Digital asset investment products saw $193 million in inflows in the last seven days to March 25, according to CoinShares.
