Analysts record largest inflow into Bitcoin funds since November 2021

For 16-22 July, net inflows into cryptocurrency investment products amounted to $30 million. For the previous week, the figure was revised from $12 million to $343 million, according to CoinShares.

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According to analysts’ calculations, AUM of crypto products across the industry as a whole has recovered above the $30 billion mark.

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In traditional Bitcoin funds, inflows of client funds amounted to $19 million, versus $206 million a week earlier (the highest since May 2022).

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There was again an inflow into Ethereum-based products ($8 million). The previous week the figure stood at a maximum since January 2021 of $120 million.

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Earlier, CoinShares’ chief strategy officer Meltem Demirors допустила падение цены биткоина с последующим обновлением исторического максимума на горизонте 24 месяцев.

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Earlier, Grayscale analysts did not не исключили, что завершение криптозимы состоится только к концу марта 2023 года.

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