CoinShares: Crypto Funds See First Weekly Inflow of Funds This Year
According to CoinShares analysts, the inflow of funds into cryptocurrency investment products from January 7 to 13 amounted to $9.2 million, which means that a positive dynamics has formed for the first time in the last four weeks.
According to them, trading volume has remained at a relatively low level ($866 million). They believe that the recent rally in digital assets was not accompanied by support from institutional investors.
Assets under management grew by more than 13% to $25.47 billion as the environment improved, which is the highest since October 2021.
An inflow of funds in the amount of $10.1 million has been observed in traditional Bitcoin funds. $1.5 million was withdrawn from the structures that allow users to open shorts positions on BTC.
