According to the latest report from CoinShares, crypto fund inflows increased significantly from January 27 to February 2, reaching a total of $708 million. Since the beginning of the year, this number has reached $1.58 billion.
The previous week, however, an outflow of $499.7 million was recorded. On the other hand, the volume of assets under management has increased to $53 billion.
Since the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) last month, $1.7 billion has been net invested, while outflows from Grayscale's GBTC have been offset by inflows into its competitors, totaling $7.7 billion.
Although trading volume fell from $10.6 billion to $8.2 billion, this is still above the 2023 average of $1.5 billion.