Crypto Funds Inflow Reaches $76M in Past Week!

• Over $76 million was invested in digital asset products during the week of Jan. 30 to Feb., according to a CoinShares report.
• Around 90% of this inflow was directed towards Bitcoin-related investment products, which equates to over $69 million.
• Total investment assets under management (AuM) have also reached $30.3 billion, which makes a 39% increase year-to-date.

Investment Inflows into Crypto Funds

Over $76 million was invested in digital asset products during the week of Jan. 30 to Feb., according to a CoinShares report. Around 90% of this inflow was directed towards Bitcoin-related investment products, which equates to over $69 million. This marks the fourth consecutive week that recorded inflows to crypto-related investment products and the total amount invested during these four weeks is over $230 million.

Bitcoin Related Products Dominate

BTC-related products collected a total of $68.5 million worth of investment last week, claiming first place in the rankings with Short BTC coming second with $8.2 million, while Ethereum (ETH) and Solana (SOL) took third and fourth place with $700,000 and $500,000 respectively. In terms of facilitators, ProShares is ranked first by collecting $37.4 million from investors last week followed by 3iQ and CoinShares Physical with respective amounts of $20.4 million and 16.3 million dollars collected from investors last week .

Total Investment Assets Under Management

Total investment assets under management (AuM) have also reached an all time high at around$30 billion making a 39% increase year-to-date as compared to previous years’ figures .This figure includes investments made in crypto funds , exchange traded notes , index funds etc .

Previous Investment Records

The week of Jan . 23 recorded the most significant inflows since July 2022 , with 117million dollars worth investments being made in various crypto related projects ,signifying growing investor confidence in cryptocurrencies .

Conclusion

Overall , it can be seen that there is steady growth in investments into cryptocurrency related projects and that more money has been flowing into such projects than ever before due to increasing investor confidence . This trend is expected to continue as more people become aware of cryptocurrency’s potential benefits as well as its limitations when it comes to investing one’s money into them or using them for day -to -day transactions etc