CoinShares: Crypto Funds See Recovery in Inflows
Main page News, Cryptocurrency
Hot topic
Sept. 20, 2022

According to CoinShares analysts, between September 10 and 16, fund inflows into crypto-based investment products amounted to $7.3 million compared to outflows of $63 million recorded the previous week.

The firm's analysts have said:

"The mixture of positive and negative flows by provider and asset suggests continued lack of engagement amongst investors at present."

Notably, traditional BTC funds recorded an inflow of $17 million, breaking a negative dynamic that had lasted five consecutive weeks with an outflow of $93 million in total during this period.

Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world

Structures that allow opening short positions in Bitcoin have received $2.6 million and their assets under management are close to a record $169 million.

As far as Ethereum is concerned, outflows continued for the fourth consecutive week with $15.4 million compared to $61.6 million the previous week.

Read also:
Please describe the error
Close