Cryptocurrency Funds Entered $529 Million In 6 Weeks

Crypto money funds, which closed six weeks in a row, grew by $ 529 million in this process.

According to information shared by CoinShares, cryptocurrency investment products received a total of $3 million in investment last week.

With this activity, the total amount of net investment that has flowed into cryptocurrency investment products since the beginning of this year $492 million has reached.

Cryptocurrency prices showed a great decline as of the second quarter of this year. However, for cryptocurrencies at those times when prices were falling, 32 new investment products created.

Last week’s growth was largely led by US-based investment products. While these received a total investment of 16.8 million dollars, they were followed by Germany-based products with a total investment of 7.8 million dollars.

On the other hand, a net capital outflow of $29.9 million was recorded from Canada-based investment products.

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