Over the past week, the inflow of funds into products for institutional investors amounted to $64 million. At the same time, most of the money was invested in funds that profit from the fall of bitcoin.
Analysts at CoinShares reported that $600,000 was invested in Bitcoin, $4.9M in ETH, and $4.4M was invested in multi-currency funds. placed $140 million, that is, the figure has doubled in a week.
Institutions from the US were the most active, investing $46.2 mln. Another $7.5 mln were invested by companies and funds from Switzerland, $5.8 mln - from Germany. Investors from Sweden withdrew funds in the amount of $1.8 million.
Analysts noted that it seems that investors have again begun to diversify funds between various digital assets - this is evidenced by the influx of money into altcoin funds.
The week before last was remembered for the fact that investors withdrew $423 million from cryptocurrency funds. This is the largest outflow of funds in the history of the cryptocurrency industry.