• Over $76M was invested in crypto funds in the past 7 days.
• Around 90% of this inflow was directed towards Bitcoin-related investment products, equating to over $69 million.
• Total investment assets under management (AuM) have also reached $30.3 billion, which makes a 39% increase year-to-date.
The week of Jan. 30 to Feb., saw a total of $76 million being invested in digital asset products, according to a CoinShares report. Around 90% of this inflow was directed towards Bitcoin (BTC) related investment products, equating to over $69 million. This marks the fourth consecutive week that has recorded inflows to crypto-related investment products and the total amount invested during these four weeks is over $230 million.
Total investment assets under management (AUM) have also reached $30.3 billion, which makes a 39% increase year-to-date. Flows by provider and asset show that BTC related products collected a total of 68.5 million worth of investments last week and short BTC followed as second with 8.2 million while Ethereum (ETH) and Solana (SOL) came third and fourth with 700,000 and 500,000 respectively. The facilitator ProShares collected 37.4 million from investors last week while 3iQ and CoinShares Physical followed as second and third with 20.4 million, 16.3 million respectively .
This week marks the fourth consecutive week that recorded inflows to crypto-related investment products with an amount exceeding 230 Million dollars for all 4 weeks combined together . The highest amount since July 2022 was recorded on Jan 23rd when 117 Million dollars were flowing into crypto – related investments .
Flows by provider & asset shows that BTC related products collected a total of 68.5 Million worth of investments last week claiming first place in the rankings , Short BTC followed as second with 8 2 Million , while Ethereum(ETH) & Solana(SOL ) came third & fourth respectively with respective amounts 700k & 500k respectively .ProShares ranked first among all facilitators collecting 37 4 Million from investors last week while 3iQ & Coinshares Physical followed it up as second & third respectively collecting 20 4 Million & 16 3 Million respectively .
Total Investment Assets Under Management (AUM ) have also reached 30 3 Billion making an impressive 39 % increase Year To Date . This could be attributed to the increasing popularity & trust on cryptocurrency among investors who are now more than ever investing their money into cryptocurrency funds for long term gains .