$90M Into Crypto Investment Products -CoinShares

In the last week of September, there was a total of $ 90 million in net money inflows into crypto money investment products.

  • According to data shared by CoinShares on Monday, crypto investment products remained in the positive zone for the last week of the third quarter of the year. seventh week in a row showed growth.

  • The CoinShares team is dedicated to bitcoin (BTC) investment products. $69 million growth, investors’ crypto asset type “He started to feel more confident” and institutions such as the SEC and the Fed in the USA. “conciliatory statements” explains it by doing it.

  • Fed Chairman Jerome Powell said in his statements a week ago that they have no intention of banning the use of cryptocurrencies.

  • Ethereum (ETH) investment products received $ 20 million inflows throughout the week, while this number was announced as $ 29 million the week before that.

  • Cardano (ADA) and Solana (SOL) products also grew by $1.1 million and $700,000 respectively, while Binance Coin (BNB), Polkadot (DOT) and Tezos (XTZ) funds money out was stated.

  • Total trading volume of investment products of $2.4 billion last week, as measured in May 2021 $8.4 billion level remains low.

Image: Pixabay, image modified by Koin Bulletin

90 Million Dollars Flowed to Crypto Investment Products -CoinShares article was prepared by Ömer SAKMAR and published on koinbulteni.com.

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