Mutual funds, which offer investors the opportunity to enter the crypto money market, received a net investment of $ 36 million in the past week.
Investment products created by corporate companies for cryptocurrencies continue to grow while the Russia-Ukraine crisis continues.
According to the statement made by CoinShares, North and South American investors have invested in these funds in total over the past week. 95 million dollars European investors are using these funds while investing. $59 million worth of money.
The activity in Europe was especially reflected in the Russian ruble parities. The trading volume of RUB/USD pairs on cryptocurrency exchanges that can be traded in rubles compared to the previous week 121 percent increase showed.
Bitcoin (BTC) investment products have received a net investment of $ 17 million throughout the week, in total in the last five weeks. $239 million has experienced growth. An outflow of $ 4.2 million was detected from Ethereum (ETH) funds.
Similar to him, Binance Coin (BNB), Litecoin (LTC), Solana (SOL), Polkadot (DOT), Cardano (ADA) and XRP small-scale funds created for altcoins such as reductions it happened.
Total value of cryptocurrencies held in funds established by names such as Grayscale, CoinShares, 3iQ, 21Shares, Purpose, ProShares and ETC Group $50.1 billion was measured.