According to a report by CoinShares, between February 3 and February 9, there was a total inflow of $1.1 billion into various cryptocurrency investment products. Since the beginning of the year, the total amount of inflow has reached $2.7 billion.
The report also states that the volume of assets under management has reached its highest level since the start of 2022 at $59 billion. During this period, the net inflow into Bitcoin spot ETFs reached $1.1 billion, and $2.8 billion since the product’s approval.
Additionally, investors have invested $1 billion in Bitcoin-related instruments, while $0.4 million has been withdrawn from structures that allow opening shorts on the cryptocurrency.
The majority of altcoins showed positive dynamics, with the exception of Litecoin, which did not see any inflows or outflows during the reporting period.
Ethereum funds received $16.5 million and Cardano-based products received $6.1 million in investments.
