Cryptocurrency Investment Products Raised a Net $501M Since the New Year

Financial products that offer the opportunity to invest in cryptocurrencies have been clearly seen in the past week. 180 million dollars grew in value.

According to the data shared by CoinShares, investment products established by institutional investment companies for cryptocurrencies are now in total after the activity experienced during the last week. $60.9 billion manages cryptocurrencies.

When the amount of money that comes out of them is calculated, it is seen that these investment products grew by 180 million dollars during the week. 99 percent of it comes from European investors. announced to have arrived.

Clearly, since the beginning of this year, there has been a focus on cryptocurrency investment products. 501 million dollars value of money entered, the total value of cryptocurrencies held in these funds to levels not seen since January 2022 took it out.

Funds that offer investors the opportunity to invest in Bitcoin (BTC) throughout the week $144.3 million growth, this number is for Ethereum (ETH) products. $22.9 million it happened.

Besides these, Solana (SOL), Cardano (ADA), Litecoin (LTC) and Tron (TRX) products of the week plus closed.

source site-10