Crypto funds attracted record investments in 2022

Investors took advantage of the cryptocurrency market correction and invested a record $274 million in digital assets. This is reported by CoinShares in its weekly report.

The main demand fell on investment products based on bitcoin — $299 million was invested in them. At the same time, funds based on ETH and SOL lost $26.7 million and $5.3 million, respectively.

[3/5] Bitcoin was the primary benefactor, with inflows totalling US$299m last week, suggesting investors were flocking to the relative safety of the largest digital asset.
— CoinShares (@CoinSharesCo) May 16, 2022

#crypto funds

#crypto investments

Anđelija Anđelić
Crypto Journalist

Anđelija Anđelić is an Italian language and lit major, and investigative journalist with a special interest in the crypto world and tech innovations. Exploring the ways our world is changing and bringing the freshest info is her passion.

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Crypto funds attracted record investments in 2022

Crypto funds attracted record investments in 2022

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