Although most cryptocurrencies are stuck in a certain price range, crypto funds continue to grow.
According to the data released by CoinShares, investment products that offer the opportunity to invest in cryptocurrencies have been cleared last week. $99.5 million worth of money inflows.
The total value of cryptocurrencies under the management of these products increases on a weekly basis, with both prices changing and additional money inflows. From $36.8 billion to $39.7 billion output.
Last week’s growth $88 million part American; approximately 11 million dollars part came from European investors.
American investors have purchased these products in total since the beginning of the year. 570 million dollars This number is for European investors only. 41 million dollars it happened.
Especially products that invest in Bitcoin (BTC) are clear throughout the week. $125.9 million showed growth. In contrast, products that invest in Ethereum (ETH) for the ninth consecutive week shrinking, $32.3 million missed out.
One of the preferred investment products last week short position for bitcoin products were. These during the week $1.3 million net cash flow.