CoinShares: Fund Inflows into Crypto Funds Are Rising
According to the latest report released by digital asset manager CoinShares, fund inflows into crypto-focused investment products have climbed to $127 million over the past week coinciding with rising geopolitical risks.
Positive sentiment has been concentrated in North America, as was the case in the previous week. Investors in this region increased their investments in crypto funds by $151 million, while Europe has seen an outflow of $24 million.
Most of the investments during this period have been in Bitcoin products: around $95 million, the highest amount in one week since December 2021, while the $25 million inflow in Ethereum has also been the largest in the past 13 weeks.
In addition, investors continue to show interest in multi-asset products. According to the company’s analysts, investments in them during the week reached $8.6 million, a record amount since the beginning of the year.
