{"id":19539,"date":"2022-02-28T23:29:29","date_gmt":"2022-02-28T22:29:29","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=19539"},"modified":"2022-02-28T23:29:33","modified_gmt":"2022-02-28T22:29:33","slug":"crypto-investment-funds-raise-36-million","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/crypto-investment-funds-raise-36-million\/","title":{"rendered":"Despite market turbulence, crypto investment funds raise $36 million"},"content":{"rendered":"\n
As institutional investors re-accumulate, inflows into Bitcoin, Ethereum and other crypto investment<\/a> products continue to climb.<\/h5>\n\n\n\n
\"\"
Bitcoin's price is trying to overcome a major downtrend that began in November. <\/figcaption><\/figure>\n\n\n\n

Last week, cryptocurrency<\/a> investment funds saw a significant increase in inflows, indicating that institutional investors were still interested in digital assets despite the market's extraordinary volatility.<\/p>\n\n\n\n

According to CoinShares data, digital asset investment products received $36 million in cumulative inflows for the week ending Sunday.<\/p>\n\n\n\n

New investments were substantially one-sided regionally, with $95 million inflows to the Americas and $59 million outflows to European investment products.<\/p>\n\n\n\n

Inflows into Bitcoin (BTC)<\/a> products grew by $17 million, bringing the total amount of inflows to $239 million for the fifth week in a row. $4.2 million was invested in Ethereum (ETH) items. <\/p>\n\n\n\n

Most altcoin funds experienced outflows, with Solana (SOL)<\/a> and Litecoin (LTC)<\/a> funds seeing $2.6 million and $500,000 in outflows, respectively.<\/p>\n\n\n\n

Institutional investors are re-accumulating following a period of substantial volatility, as inflows into Bitcoin instruments have turned positive for 2022. <\/p>\n\n\n\n

Even as tensions in Eastern Europe rose last week<\/a>, with Russia commencing military operations in neighboring Ukraine, they continued to invest in BTC funds. <\/p>\n\n\n\n

Volumes on crypto exchanges<\/a> that trade in Russian Rubles<\/a> have increased by 121 percent in the last week, according to CoinShares data. <\/p>\n\n\n\n

Even as equities bowed to additional selling pressure, crypto markets<\/a> were untouched by geopolitical worries on Monday. <\/p>\n\n\n\n

According to Coinscreed Markets Pro and TradingView\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, the Bitcoin price reached $41,476 on the day. Stocks, on the other hand, were down more than 1%. <\/p>\n\n\n\n

Trading volumes have also increased significantly, according to Coinscreed Markets Pro data, with BTC turnover 27 percent greater than typical.<\/p>\n","protected":false},"excerpt":{"rendered":"

As institutional investors re-accumulate, inflows into Bitcoin, Ethereum and other crypto investment products continue to climb. Last week, cryptocurrency investment funds saw a significant increase in inflows, indicating that institutional investors were still interested in digital assets despite the market’s extraordinary volatility. According to CoinShares data, digital asset investment products received $36 million in cumulative […]<\/p>\n","protected":false},"author":34,"featured_media":19542,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[152,132,128],"class_list":["post-19539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-crypto","tag-ethereum"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/images-2022-02-28T232830.593.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/19539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=19539"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/19539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/19542"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=19539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=19539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=19539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}