- CoinShares has published a weekly report on capital flows in crypto funds.
- As of February 23, the sector recorded an inflow of capital. However, the figure is lower than the previous value.
From February 19 to February 23, 2024, net capital inflow in crypto funds amounted to $598 million. Since the beginning of the year, this figure exceeded $5.7 billion, follows from the report of CoinShares experts.
By assets, bitcoin is the undisputed leader. Net inflow on products based on this asset for the week reached $569.5 million. Among other positions only Solana-funds were in the “red” zone:
By service providers, iShares, a subsidiary of BlackRock, remains the leader. Fidelity Investments was in second place, and Ark Invest/21Shares was in third place.
Among the countries the leading position is held by the USA. In addition to America, the inflow of capital was also recorded in the markets of Switzerland, Australia and Brazil.
Experts noted that since the beginning of 2024, the net inflow of funds in crypto funds amounted to $5.7 million. This is 55% of the record figure recorded in 2021.
Note that in the period from February 12 to February 16, 2024 also recorded an inflow of capital – $2.45 billion.
