According to CoinShares, the volume of investments in cryptocurrency funds and trusts for institutional investors amounted to $ 72.3 billion.
Note that a week earlier the volume of investments in such products amounted to $ 66.7 billion. At the same time, the inflow of funds into funds from October 11 to 15 amounted to slightly less than $ 80 million. The overall growth of the cryptocurrency market affected the capitalization of investment products.
As before, investors preferred to invest in bitcoin trusts. Such products showed an inflow of funds in the amount of $ 69.6 million. Funds have been withdrawn from funds for the second week in a row, however, last week the outflow was small and amounted to $ 0.9 million.
Interestingly, if during the period from October 4 to 8, Solana became the leader among altcoins, funds for which raised $ 12.5 million, then last week investors withdrew $ 300,000 from such products. Products for other altcoins and funds with the participation of several assets showed an inflow of funds.
Thanks to the growth of the cryptocurrency market, $ 50.26 billion has now been invested in bitcoin funds. The capitalization of ether trusts is estimated at $ 16.89 billion. The leader is Grayscale, which now manages assets for $ 52.38 billion.
As a reminder, today, October 19, ProShares is launching the first Bitcoin futures ETF in the United States. This can lead to an outflow of funds from products for institutional investors.
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