According to CoinShares analysts, fund outflows from crypto investment products amounted to $134 million on April 4-8, making it the second-largest weekly drop in the indicator.

This week’s Digital Asset Fund Flows Report is ready! Written by @jbutterfillThis week’s headline is: Investors profit with a total outflow of $134M, altcoins remain resilient.
Click here to access the report: https://t.co/MbvaGEUdwi pic.twitter.com/cbOeZbZsah

— CoinShares 👩‍🚀 (@CoinSharesCo) April 11, 2022

The main share of the exit fell on bitcoin products – $132 million. The entry into bearish strategies reached $2 million, a record amount for the time of observation.

Investments in Ethereum-based funds were down $15.3 million during the week, with output reaching $126 million since the start of the year.

Experts suggested that the rise in crypto prices last week encouraged investors to make profits.

Against this background, the flows of investments in altcoins or funds based on several assets turned out to be almost balanced – “minus” $ 6 million and “plus” $ 5 million.

Transaction volume in cryptocurrency investment products for the period amounted to $2.5 billion, below the average of $2.9 billion from year to date.

Recall that in mid-March, CoinShares recorded the first outflow of crypto funds in eight weeks. The trend continued for the next seven days.