{"id":9297,"date":"2022-03-01T00:39:12","date_gmt":"2022-03-01T00:39:12","guid":{"rendered":"http:\/\/egrowonline.com\/?p=9297"},"modified":"2022-03-01T00:39:12","modified_gmt":"2022-03-01T00:39:12","slug":"crypto-investment-funds-attract-36m-in-capital-despite-market-turmoil","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=9297","title":{"rendered":"Crypto investment funds attract $36M in capital despite market turmoil"},"content":{"rendered":"


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Cryptocurrency investment funds recorded a sizable increase in inflows last week, signaling that institutional investors were still gaining exposure to digital assets despite extreme volatility in the market.\u00a0<\/p>\n

Digital asset investment products registered $36 million in cumulative inflows for the week ending Sunday, according to CoinShares data. Regionally, new investments were heavily one-sided, with the Americas seeing $95 million worth of inflows and European investment products registering $59 million in outflows. <\/p>\n

Inflows into Bitcoin (BTC<\/a>) products increased by $17 million, marking the fifth consecutive week of inflows totaling $239 million over that period. Ether (ETH<\/a>) products saw minor inflows at $4.2 million. Investors reduced their holdings of most altcoin products, with Solana (SOL<\/a>) and Litecoin (LTC<\/a>) funds registering $2.6 million and $500,000 in outflows, respectively. <\/p>\n

Inflows into Bitcoin products have flipped positive for 2022, a sign that institutional investors were re-accumulating after a period of significant volatility. They continued to buy into BTC funds last week even as tensions in Eastern Europe escalated<\/a> with Russia launching military operations in neighboring Ukraine. According to CoinShares data, volumes on crypto exchanges that trade in Russian Rubles<\/a> soared 121% over the past week. <\/p>\n

Related: <\/em><\/strong>Wall Street open sends Bitcoin to $40K as latest BTC price surge passes 6%<\/em><\/strong><\/a><\/p>\n

Crypto markets appeared unaffected by geopolitical tensions on Monday even as equities succumbed to fresh selling pressure. The Bitcoin price traded as high as $41,476 on the day, according to Cointelegraph Markets Pro<\/a> and TradingView<\/a>. Stocks, meanwhile, were down over 1%. <\/p>\n

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Bitcoin’s price is trying to overcome a major downtrend that began in November. Source: Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n

Data from Cointelegraph Markets Pro also revealed a sizable uptick in trading volumes, with BTC turnover 27% higher than average. <\/p>\n<\/div>\n


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Cryptocurrency investment funds recorded a sizable increase in inflows last week, signaling that institutional investors were still gaining exposure to digital assets despite extreme volatility in the market.\u00a0 Digital asset investment products registered $36 million in cumulative inflows for the week ending Sunday, according to CoinShares data. Regionally, new investments were heavily one-sided, with the […]<\/p>\n","protected":false},"author":1,"featured_media":9298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[37],"tags":[5098,4569,656,62,1351,874,219,4130],"class_list":["post-9297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-36m","tag-attract","tag-capital","tag-crypto","tag-funds","tag-investment","tag-market","tag-turmoil"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/03\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDIvYjBiYTg2ZDctNzY0ZS00OTFkLThiODktOGFhMDhjYjg3NGE3LmpwZw.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9297"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9297\/revisions"}],"predecessor-version":[{"id":9299,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9297\/revisions\/9299"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/9298"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9297"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}