Over $76M invested in crypto funds in past 7 days

A full of $76 cardinal was invested successful integer plus products during the week of Jan. 30 to Feb., according to a CoinShares report.

Around 90% of the inflows were directed toward Bitcoin (BTC) related products, which equate to astir $69 million, data from CoinShares stated.

Weekly Crypto Asset Inflows

This week marks the 4th consecutive week that recorded inflows to crypto-related concern products. The full magnitude invested during these 4 weeks is implicit $230 million.

The week of Jan. 23 recorded the astir important inflows since July 2022, with $117 million.

Total concern assets nether absorption (AuM) person besides reached $30.3 billion, which makes a 39% summation year-to-date.

Flows by supplier and asset

BTC-related products collected a full of $68.5 cardinal worthy of concern past week, claiming archetypal spot successful the rankings. Short BTC followed arsenic a 2nd with $8.2 million, portion Ethereum (ETH) and Solana (SOL) came 3rd and 4th with $700,000 and $500,000, respectively.

In presumption of facilitators, ProShares is ranked archetypal by collecting $37.4 cardinal from investors past week. 3iQ and CoinShares Physical followed arsenic 2nd and 3rd with $20.4 million, and $16.3 million, respectively.

The station Over $76M invested successful crypto funds successful past 7 days appeared archetypal connected CryptoSlate.