CoinShares: Flow of Funds to Crypto Funds Has Slowed Down

According to analytical company CoinShares, the inflow of funds into crypto-based investment products for the period from July 30 to August 5 amounted to $3 million. Over the past six weeks, the total amount of receipts has reached $529 million.

Since the beginning of the year, crypto funds have raised $492 million.

According to the company analysts, the assets under management of crypto products in the industry as a whole has reached $31.4 billion.

In spite of the deteriorating market conditions, management companies launched 32 new instruments in Q2 2022.

An outflow of $8.5 million has been observed in traditional Bitcoin funds,. From the structures that allow users to open shorts on BTC, the second withdrawal of client funds was recorded in a week ($7.5 million).