Crypto investment products attracted large inflows in the Americas last week, versus minor outflows recorded in Europe, according to the latest report by institutional crypto fund manager CoinShares.
The report which analyzes weekly flows into cryptocurrency funds suggests enduring investor interest despite the geopolitical unrest which spurred a sell-off in risk assets.
Bitcoin attracts $95 million, marks seven consecutive weeks of inflows
According to CoinShares, last week’s investment inflows into crypto funds recorded an uptick compared to the previous three months–totaling $127 million.
Consistent with the previous week, inflows have been regionally one-sided. The report pointed out that the positive sentiment was “centered in North America,” attracting $151 million from investors, while European crypto funds recorded miner outflows totaling $24 million.
Chart showing weekly crypto-asset flows (CoinShares)
As per CoinShares’ data, Bitcoin investment products attracted
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