CoinShares: Crypto Funds Are Recording Fund Inflows
Main page News, Cryptocurrency
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Oct. 4, 2022

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.

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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.

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