CoinShares: Crypto Funds Are Recording Fund Inflows
Main page News, Cryptocurrency
Hot topic
4 October

According to the experts of analysis company CoinShares, the inflow of funds into investment products based on cryptocurrencies between September 24 and 30 amounted to $10.3 million compared to $8.3 million in the previous week.

According to them, inflows have continued for the third consecutive week, but their scale indicates continued uncertainty in investor sentiment.

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

Trading volume has fallen to its lowest level since October 2020 ($886 million).

Traditional Bitcoin funds have seen inflows of $7.7 million, up from $2.6 million a week ago.

Structures that allow opening short positions in BTC have received $2.1 million compared to an outflow of $5.1 million recorded over the previous seven days.

The inflow to Ethereum funds has amounted to $5.6 million, which contrasts with $6.9 million a week earlier.

Read also:
Please describe the error
Close