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CoinShares: Crypto Funds Maintain Inflows Above $1 Billion Per Week


by Emir Abyazov
for Coinpaper
CoinShares: Crypto Funds Maintain Inflows Above $1 Billion Per Week

Cryptocurrency funds attracted $1.04 billion from June 28 to July 4. The value of assets under management (AUM) reached a record $188 billion, according to a report by CoinShares.

The trend of investment inflows into crypto funds has continued for the twelfth consecutive week since April.

The trading volume for the reporting period was $16.3 billion, remaining roughly in line with the average weekly figure since the beginning of the year.

Bitcoin-based investment products attracted $790 million in early July, which is less than the previous three weeks when inflows averaged $1.5 billion. The slowdown in inflows points to growing caution among investors as Bitcoin approaches its all-time high, according to CoinShares analysts.

Ethereum products recorded their eleventh consecutive week of investment growth, raising $226 million at the beginning of July. On average, over the past seven days, inflows amounted to 1.6% of AUM, significantly higher than Bitcoin's 0.8%. According to the report's authors, this indicates a noticeable shift in investor sentiment in favor of the second-largest cryptocurrency.

From June 28 to July 4, investments in Solana and Sui-related instruments totaled $21.6 million and $1.6 million, respectively. Analysts noted that Solana saw its highest investment inflows in the past 69 weeks.

By region, the U.S. led with inflows of $1 billion, followed by Germany ($38.5 million) and Switzerland ($33.7 million). Canada and Brazil saw outflows of $29.3 million and $9.7 million, respectively.

Read the article at Coinpaper

CoinShares: Crypto Funds Maintain Inflows Above $1 Billion Per Week


by Emir Abyazov
for Coinpaper
CoinShares: Crypto Funds Maintain Inflows Above $1 Billion Per Week

Cryptocurrency funds attracted $1.04 billion from June 28 to July 4. The value of assets under management (AUM) reached a record $188 billion, according to a report by CoinShares.

The trend of investment inflows into crypto funds has continued for the twelfth consecutive week since April.

The trading volume for the reporting period was $16.3 billion, remaining roughly in line with the average weekly figure since the beginning of the year.

Bitcoin-based investment products attracted $790 million in early July, which is less than the previous three weeks when inflows averaged $1.5 billion. The slowdown in inflows points to growing caution among investors as Bitcoin approaches its all-time high, according to CoinShares analysts.

Ethereum products recorded their eleventh consecutive week of investment growth, raising $226 million at the beginning of July. On average, over the past seven days, inflows amounted to 1.6% of AUM, significantly higher than Bitcoin's 0.8%. According to the report's authors, this indicates a noticeable shift in investor sentiment in favor of the second-largest cryptocurrency.

From June 28 to July 4, investments in Solana and Sui-related instruments totaled $21.6 million and $1.6 million, respectively. Analysts noted that Solana saw its highest investment inflows in the past 69 weeks.

By region, the U.S. led with inflows of $1 billion, followed by Germany ($38.5 million) and Switzerland ($33.7 million). Canada and Brazil saw outflows of $29.3 million and $9.7 million, respectively.

Read the article at Coinpaper