US institutional investors demonstrated the greatest activity in the crypto market last week. According to CoinShares, the weekly influx of funds into crypto funds was the largest in the last three months.
The net inflow of institutional capital into crypto-focused funds amounted to $127 million. In total, investors from North and South America invested $157 million last week in crypto-focused products.
However, the situation of European investors was completely different, as they withdrew $24 million from the funds. The company’s analysts believe the inflow of capital into digital assets increased after the military-political tension eased slightly.
According to the report:
“Investors still support digital currencies despite recent geopolitical events.”