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.