Bitcoin Wind in Institutional Funds: Turning Positive on an Annual Basis with Increasing Interest!

While Bitcoin was trying to stay above the $ 30,500 level, there was a 2nd week inflow of funds to institutional funds in the crypto money market.

In the data shared on the official blog page of Coinshares, institutional crypto money funds 9 weeks out after the series 2 weeks in a row reported that there was an inflow of money. took place last week $125 million total in 2 weeks with fund inflow 325 million dollars money was the entry.

According to the data, 123 million dollars with of 98% partial Bitcoin (BTC) invested in the funds. Bitcoin investment products 2 weeks ago While it was negative since the beginning of the year, with the heavy fund inflows in a short time to the positive passed. In particular, the interest in Bitcoin Including BlackRock 4 big investment companies The application for an exchange-traded fund (ETF) is thought to have a major impact on fund inflows.

Outflows from the short Bitcoin fund 900 thousand dollars extended to week 10.

About two weeks $325 million entry in institutional crypto funds 9-week debut series deleted most of them. Ethereum (ETH) in this process seen last week 2.5 million dollars in total with 10 million dollars There was an inflow of money.

Institutions have also increased their interest in altcoins again. $400,000 to Ripple (XRP), $900,000 to Cardano (ADA) and $300,000 to Litecoin (LTC) money inflows. However $800,000 from Solana (SOL) fund is out.

On a country basis, Germany again took the lead, as it was last week. Germany 65 million dollars While it is the country with the most money inflows, it ranks second. with 35 million dollars Canada in third place with $23 million USA took part.

On the other hand, with the last money inflow in corporate funds, the total amount of managed funds (AuM) is approximately 37 billion dollars reached. The amount in question has been since June 2022. highest level was recorded as.

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