Crypto investment funds attract $36M in capital despite market turmoil
Inflows into Bitcoin and Ether investment products continue to rise as institutional investors re-accumulate.
Bitcoin and gold have been going head to head in performance in light of the recent crisis between Russia and Ukraine. As the conflict rages on, the financial markets have been hit hard.
Inflows into Bitcoin products have flipped positive for 2022, a sign that institutional investors were re-accumulating after a period of significant volatility.
They continued to buy into BTC funds last week even as tensions in Eastern Europe escalated with Russia launching military operations in neighboring Ukraine. According to CoinShares data, volumes on crypto exchanges that trade in Russian Rubles soared 121% over the past week.
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