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According to CoinShares, fund inflows into crypto investment products for July 16-22 totaled $30 million, with the figure revised from $12 million to $343 million the previous week.
According to CoinShares, fund inflows into crypto investment products for July 16-22 totaled $30 million, with the figure revised from $12 million to $343 million the previous week.
According to analysts, AUM Crypto products in the industry as a whole have rallied over $30 billion.
Traditional bitcoin funds saw an inflow of $19 million in client funds, up from $206 million a week ago (the highest since May 2022).
The entry in Ethereum-based products ($8 million) was recorded again. Last week, the figure was $120 million, the highest since January 2021.
CoinShares director of strategy, Meltem Demirors, allowed the Bitcoin price to drop, and then made an update to the historical maximum on the 24-month horizon.
Earlier, Grayscale analysts did not rule out that the completion of the crypto winter will only occur by the end of March 2023.
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Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
