According to CoinShares, in the period from July 30 to August 5, fund inflows into crypto investment products totaled $3 million.

Since the beginning of the year, crypto funds have raised $492 million.

According to analysts, AUM Crypto products in the industry as a whole reached $31.4 billion.

Despite worsening market conditions, management companies launched 32 new instruments in the second quarter. This is the second figure after October-December 2021 (33).

An outflow of $8.5 million was observed in traditional bitcoin funds. From structures that allowed you to short the first cryptocurrency, a second withdrawal of client funds ($7.5 million) was recorded within a week.

The influx of Ethereum-based products ($16 million) continues for the seventh week in a row. In anticipation of the merger, investors increased their positions by $159 million.

According to experts’ observations, low trading activity continues. At the end of last reporting week, the volume of transactions with crypto products amounted to $1.1 billion, more than 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, Meltem Demirors, Director of Strategy at CoinShares, predicted that Bitcoin would hit an all-time high in the next 24 months.

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