Record Money Flows to Cryptocurrency Investment Products Since the New Year

The total amount of money flowing into crypto money investment products since the beginning of the year has reached a record level as a result of growth of approximately 288 million dollars recorded last week.

According to this week’s CoinShares report, a total of $77.6 million in crypto investment products, of which ETC Group $287.8 million net inflow it happened.

Total value of cryptocurrencies held in investment products $78.7 billion while reaching these, from the beginning of 2021 to the present 8.7 billion dollars value increased.

Of the $287.8 million pie, the bulk of $268.6 million flowed into bitcoin (BTC) investment products. Bitcoin products, which took off after the Securities and Exchange Commission (SEC) approved the bitcoin ETF, were only released in October. 2 billion dollars showed growth.

for three weeks in a row in negative territory to remaining ether (ETH) products worth $17 million net cash flow.

On Binance Coin (BNB) products Downsizing of $2.1 million Solana (SOL) products $14.7 million, Cardano (ADA) products 5 million dollars, Polkadot (DOT) products $6.2 million received investment.


Image: Pixabay, image modified by Koin Bulletin

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