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The inflow of cryptocurrency funds and products has reached a record US $ 4.2 billion, equivalent to IDR 60 trillion (exchange rate of IDR 14,399) for the first quarter of 2021 taken from CoinShare data. This increase reflects the increasing interest of investors in crypto investing. Quoted from Reuters, Wednesday (17/3/2021) previously the crypto inflow was US $ 3.9 billion in the fourth quarter of 2020. This will boost the total inflow of crypto during 2020 to US $ 6.7 billion. Bitcoin as the world's largest cryptocurrency has the most inflows so far this year with US $ 3.3 billion, while ethereum is second with the total inflow of US $ 731 million. The price of bitcoin had reached a record high of US $ 61,781.83 last Saturday. But now the price is decreasing as investors consolidate their profits and amidst news of India's plans to ban mining and investing in cryptocurrencies. Yesterday, bitcoin was at the level of US $ 55,415. CoinShare data also shows managed crypto assets soared to a peak of US $ 55.8 billion. Last year, Asset Under Management (AUM) for the crypto sector reached US $ 37.6 billion. Five digital asset investment providers now oversee more than US $ 5 billion in assets. #CryptoTrading

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