Research firm Fundstrat said in its latest report to clients on March 16 that the sector has attracted an average of between $800 million and about $2 billion in weekly investment since the start of the year.
Venture capital buyers invested around $4 billion in the cryptocurrency space in the last three weeks of February, with data showing that last week venture capital firms poured another $400 million into startups in the space.
According to data from Lipper, a fund analysis firm owned by Refinitiv. U.S. investors pulled a net $7.8 billion from bond funds in the week ended March 9, while global investors are actively investing in cryptocurrency funds and companies.