CoinShares report: market recorded a large inflow into cryptocurrency funds
Amid economic instability, more investors are opting for crypto assets
08.03.2022 - 08:30
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What’s new? The analytical company CoinShares has published its weekly report on crypto funds. According to these data, the inflow into cryptocurrency-based investment products amounted to $127 million.
The full version of the report
What other important data does the report contain? North America has become the leader in the inflow of new funds. The region recorded $151 million in investment inflows. In contrast, the European Union recorded an outflow of funds of $24 million. CoinShares’s analysts attribute this to the difficult economic situation in Europe caused by the military operation in Ukraine.
The investors made the most investments in bitcoin-based products ($95 million). Ethereum-based products traditionally ranked second ($8,6 million). About $7,7 million was also invested in shares of blockchain companies.
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