Digital Asset Treasuries Attract $2.6B as Crypto Market Navigates Uncertainty
Digital Asset Treasuries (DATs) focused on Bitcoin and Ethereum have seen significant inflows, reaching a seven-week high. According to reports, these inflows absorbed over $2.6 billion in the two weeks following the Federal Reserve rate cut. This development suggests a growing interest in digital asset treasuries as investors navigate the broader uncertainty in the cryptocurrency market. The increase reflects a potential shift towards these assets as a means of managing risk or seeking returns amid market volatility.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.