• April 23, 2024

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CoinShares Records Inflows to Crypto Funds

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According to CoinShares analysts, the volume of funds in cryptocurrency-based investment products has increased by $87 million over the week, whereas a week earlier, the owners of cryptocurrency instruments reduced their positions by $141.2 million.

A mixed dynamics has been observed since last month. Since the beginning of 2022, the inflow of funds to crypto funds has reached $0.52 billion. As a comparison, in the same period last year, the indicator amounted to $5.9 billion.

BTC-based products have attracted $69.4 million and $369 million since January.

In the case of Ethereum, the outflow of funds has continued. In a week, it amounted to $11.6 million and $250 million since the beginning of the year.