Crypto Funds Raise $180M in a Week
The latest report published by asset manager CoinShares says that crypto funds raised $180 million last week ending April 1.
The company researchers have emphasized that European institutional investors have shown again the greatest activity. Notably, they have been investing in crypto-centered products over the past two weeks.
The inflow of funds into crypto funds last week amounted to $244 million. To be precise, European institutions accounted for up to 99% of all capital invested in crypto funds.
On the other hand, US-based investment companies showed minimal activity last week.
Bitcoin and Ethereum-based products raised $144 million and $23 million, respectively.
Solana-based funds recorded an inflow of $8.2 million, while just a week earlier, such products received $87 million from institutional investors.
