According to July results, revenues in crypto investment products totaled $474 million (the highest level since the beginning of the year) for the week from July 23 to July 29 – $81 million. Such data was provided by CoinShares analysts.

The raid continued for the fifth week in a row. In June, exits totaled $481 million.

Traditional bitcoin funds saw an inflow of $84.8 million in client funds. From structures that let you short the first cryptocurrency, an outflow of $2.6 million was recorded for the first time in five weeks.

For the second week in a row, investor interest in multi-asset products waned. In the last seven days, they have withdrawn $3.7 million from them.

Inflows to Ethereum and Solana funds slowed from $8.1 million to $1.1 million and from $1.8 million to $1.5 million, respectively.

Experts noted the continued low trading activity. At the end of last reporting week, the volume of transactions with crypto products amounted to $1.3 billion, almost half of the average since the beginning of the year ($2.4 billion).

Recall that Grayscale analysts allowed the completion of the crypto winter by the end of March 2023.

Earlier, former Goldman Sachs executive and macro investor Raul Pal predicted that Bitcoin would reverse due to increased global liquidity.

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