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Digital assets funds see $441m of inflows

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Digital asset funds saw inflows totalling US$441m last week, with recent price weakness prompted by Mt Gox and the German Government selling pressure likely being seen as a buying opportunity, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.

Bitcoin saw US$398m inflows but unusually represented just 90% of total inflows as investors chose to invest across a much broader set of altcoins.

The improved sentiment has not however been reflected in blockchain equities, which saw a further $8m of outflows last week.

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