Bitcoin Sees $299M Weekly Inflows Despite Terra (LUNA) Disaster

Bitcoin (CRYPTO: BTC) recorded its largest weekly inflows this year even as the chaos surrounding Terra (CRYPTO: LUNA) sent markets plummeting last week.

What Happened: According to last week’s CoinShares report examining fund flows into digital asset products, Bitcoin saw $298.6 million worth of inflows for the week ended May 13.

Meanwhile, Ethereum (CRYPTO: ETH) products continued to see an exodus of capital with outflows totaling $27 million …

Full story available on Benzinga.com

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