CoinShares records inflows into crypto funds amid geopolitical risks

Over the week, inflows into crypto investment products, despite geopolitical risks, totalled $127 million. This comes from CoinShares’ report.

Investors adding to crypto positions, despite geopolitical risks with inflows of US$127m last week.#BITCOIN https://t.co/KNKbk8SwxA

— James Butterfill (@jbutterfill) March 7, 2022

As in the prior week, sentiment remained positive, concentrated in North America. Investors in that region increased their allocations to crypto funds by $151 million. In Europe, there was an outflow of $24 million.

The largest share of investments during the period was attracted by Bitcoin products—around $95 million. This marked the highest weekly total since December 2021.

Ethereum inflows of $25 million were also the largest in 13 weeks.

Investors’ interest in multi-asset products remains, CoinShares noted. Investments in them for the week reached $8.6 million — a record amount since the start of the year.

In the second half of January, CoinShares recorded the first inflow into crypto funds in 2022.