The cryptocurrency industry grew by a record $ 3.7 billion in a week

Cryptocurrency investment funds recorded a record weekly capital inflow of $ 3.7 billion since the beginning of the year, according to new data from CoinShares analysts. Bitcoin funds accounted for the bulk of investments, receiving more than $ 3.3 billion, indicating increased investor interest in the main cryptocurrency amid market volatility and recent historical highs.

Analysts note that the flow of investments in crypto funds has been recorded for the fourth week in a row, and this scale of attraction was last observed at the end of 2021. Ethereum funds took the second place in terms of revenue, attracting more than $ 300 million. There is also a positive trend among multi-asset and lesser-known cryptocurrency products.

Analysts attribute the growing interest in crypto funds to the emergence of new financial instruments, primarily Bitcoin ETFs, as well as expectations that the US Federal Reserve may change its monetary policy in the near future. The inflow of funds is further supported by positive sentiment around the development of institutional products in the crypto sphere.

Experts predict that if the macroeconomic situation remains stable and the market continues to grow, capital inflows into cryptocurrency funds may remain high in the future.