According to data shared by digital asset manager CoinShares, institutional funds in the cryptocurrency market have seen net worth in the past week. $109 million There was an inflow of money.
Cryptocurrency prices drop significantly and tensions between Russia and Ukraine escalate, while cryptocurrency investment products growth is happening.
Cryptocurrency funds, which have shrunk throughout January, have been in a row with the past week. for five weeks showed growth. Investors in Europe and North and South America contributed the most to the $109 million growth recorded last week.
While there is a net inflow of $89 million in products created to invest in Bitcoin (BTC), this Highest number recorded since December 2021 it happened.
Similar to Bitcoin, there was a positive change in the Solana (SOL) and Avalanche (AVAX) funds.
Net from the funds established for Ethereum (ETH), the second largest cryptocurrency in the market. $15.2 million There was an outflow of capital. ETH funds one after the other for nine weeks After experiencing a contraction, it experienced $21 million growth last week.
Unlike cryptocurrencies, funds investing in blockchain-focused stocks are net. $26 million received investment.