Minor Shrinkage Experienced in Cryptocurrency Investment Products

The amount of money coming out of cryptocurrency investment products last week decreased compared to two weeks ago.

According to the information shared by CoinShares, when looking at the total money entering and leaving crypto money investment products, in the last week $7.2 million there was a shrinkage.

That number was worth $97 million two weeks ago. Cryptocurrency investment products have thus increased the total over the past three weeks. $219 million net shrinkage.

$ 2.6 million dollars in products that offer the opportunity to invest in Bitcoin (BTC) money inflow net from Ethereum (ETH) products, though $16.9 million it was out.

Thus, the net amount of money that has come out of products investing in Ethereum since the beginning of the year $169 million output.

Still, the focus of investors in the altcoin market continues to stay. All week long products investing in Avalanche, Solana, Terra and Algorand growth has been observed.

The total value of cryptocurrencies held in these investment products, after the past week $52.2 billion declared as.

source site-9