Institutional investors have invested a total of about $184 million in crypto funds last week.
However, as early as Friday, December 3, they began withdrawing funds from digital assets amid the market decline. The outflow of funds from crypto-focused products reached $ 40 million.
Capital inflows into bitcoin funds amounted to approximately $ 145 million, but at the end of the week, institutions withdrew $ 42 million from them. Compared to the volume of capital investments a week earlier, investments fell by 7%, the researchers stressed.
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Ethereum funds raised $ 25 million in the first half of last week, and $ 4.7 million of them left on Friday. Products focused on the Polkadot (DOT) altcoin lost about $ 3 million.
At the end of November, CoinShares summed up the first 11 months of 2021, and announced that since January, hedge funds and asset management companies had invested about $ 6.5 billion in crypto-focused products.
Bitcoin funds received the lion's share of the funds.