Cryptocurrency Investment products continued the multi -week flow chain as Bitcoin has been trading near the new heights and ETHER has risen for a short period to $ 2800 for the first time since February.
Global Crypto Trochdrade (ETPS) products recorded $ 1.9 billion of flows in the trading week that ended on Friday, as a series of flows for nine weeks transferred to 12.9 billion dollars, Coinshares I mentioned on monday.
With new flows, Crypto ETPS recorded a historical record of Coinshares research, which is worth $ 13.2 billion from the year to date.
The total assets under management (AUM) in Crypto ETPS amounted to $ 179 billion from last week 175.9 billion dollars.
Bitcoin is due to the classification of flows
After two weeks of minor flows, Bitcoin (BTCInvestment products were recovered to see large gains, topped the plan last week with $ 1.3 billion of flows. Short bitten products also recorded modest flows of $ 3.7 million, although AUM remained low at $ 96 million.
Ether (EthETPS ranked second in flows, while maintaining its positive direction with another $ 583 million in flows last week. According to Coinshares’ Butterfill, the largest gain for ETH has since February, including the most powerful one -day flow.
After a series of external flows for three weeks, XRP (XrpInvestment products witnessed $ 11.8 million in flows last week, while Sui (butProducts witnessed $ 3.5 million in flows.
This is a developing story, and more information will be added when available.
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