The Fed’s 50bps cut triggered $321M in digital asset revenue, Coinshares reports
Digital asset investment products posted $321 million in revenue for the second straight week of positive activity, Coinshares reported. The increase in flows was largely due to the Federal Open Market Committee's (FOMC) decision to cut interest rates by 50 basis points (bps). Coinshares: US leads in terms of digital asset revenues. […]