Over $76M invested in crypto funds in past 7 days News โธ Bitcoin · Ethereum โธ Investments
Over $76M invested in crypto funds in past 7 days
Around 90% of this inflow was directed towards Bitcoin-related investment products, which equates to over $69 million.
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Updated: Feb. 6, 2023 at 3:30 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
A total of $76 million was invested in digital asset products during the week of Jan. 30 to Feb., according to a CoinShares report.
Around 90% of the inflows were directed toward Bitcoin (BTC) related products, which equate to about $69 million, data from CoinShares stated.
This week marks the fourth consecutive week that recorded inflows to crypto-related investment products. The total amount invested during these four weeks is over $230 million.
The week of Jan. 23 recorded the most significant inflows since July 2022, with $117 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
BTC-related products collected a total of $68.5 million worth of investment last week, claiming first place in the rankings. Short BTC followed as a second with $8.2 million, while Ethereum (ETH) and Solana (SOL) came third and fourth with $700,000 and $500,000, respectively.
In terms of facilitators, ProShares is ranked first by collecting $37.4 million from investors last week. 3iQ and CoinShares Physical followed as second and third with $20.4 million, and $16.3 million, respectively.
Mentioned in this article
Author 
Zeynep Geylan
Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and cryptocurrencies and strongly believes in their transmuting power.
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