A weekly dynamics of cryptofunds recovered after the inflow of $ 572 million

From August 2 to August 8, cryptophones attracted $ 572 million. A total rate of year exceeded $ 30 billion since the beginning of the year, the new Coinshares report is evidenced.

Source: Coinshares.

A week earlier Digital asset -based investment products encountered the first outflow in four months. The turning point has come after the US authorities to allow cryptocurrencies to the pension plans 401 (k) – regulatory changes have changed the negative dynamics to the positive.

At the same time, trading volumes decreased by 23% compared to last month. Analysts explained this seasonal lull.

The largest tributaries have been recorded by Ethereum funds-$ 268 million. Since the beginning of the year, they attracted $ 8.2 billion. The assets under the control of these structures have reached $ 32.6 billion-an increase of 82% since January.

Source: Coinshares.

Bitcoin -based investment products interrupted a two -week series of outflows, raising $ 260 million.

Investors were also interested in altcoins. SOL, XRP and NEAR -focused structures received $ 21.8 million, $ 18.4 million and $ 10.1 million respectively.

Weekly leader among issuers-Bitcoin-ETF from Blackrock with $ 294 million. Grayscale, Bitwise and Proshares funds raised $ 87 million, $ 95 million and $ 35 million respectively.

Source: Coinshares.

The regional ranking was leading the United States – $ 608 million. In the second place of Canada from $ 16.5 million. In Europe, there were rates of moods: Germany, Sweden and Switzerland recorded an total outflow of $ 54.3 million.

Source: Coinshares.

We will remind, since the beginning of the year corporate treasury and funds have purchased 371 111 BTC, which is 3.75 times exceeding the volume of production by miners over the same period.

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