Cryptocurrency Investment Products Grow Despite Pressure From China -CoinShares

Cryptocurrency investment products received a total of approximately $95 million in net inflows over the past week.

  • According to the report prepared by CoinShares, based on the weekly change in several different investment products in the market, in crypto money products. $94.5 million growth was seen.

  • One after another six weeks of growth Last week, approximately $42 million was entered into investment products showing

  • Bitcoin (BTC) products, which were negative many times during the last two quarters of the year, throughout the week. $50.2 million experienced growth.

  • There is a positive trend in ether (ETH) investment products, with which more than $1 billion in total has flowed since the beginning of the year. $28.9 million the change was recorded.

  • Investment products with multiple cryptocurrencies $6.4 million$3.9 million, $2.6 million and $2.4 million flowed into Solana (SOL), Cardano (ADA) and Polkadot (DOT) products, respectively.

  • CoinShares’ research team believes that events such as the scale-up of the ban on cryptocurrencies in China have been reported by investors. “Seen as a buying opportunity” stated that it might.

Image: licensed by Svilen.milev/, image modified by Koin Bulletin

Cryptocurrency Investment Products Grow Despite China’s Pressure -CoinShares article was prepared by Ömer SAKMAR and published on koinbulteni.com.

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