CoinSharesAccording to the weekly report published by , on October 14, there was an inflow of $407 million into cryptocurrency investment products last week. In this period, especially Bitcoin 
$64,586While it was seen that (BTC) made serious profits, outflows were seen from short Bitcoin investment products. The impact of political developments in the USA on these investments was felt more clearly than monetary policies.
Bitcoin Becomes the Leader of Money Inflows
In the report, with a total inflow of 419 million dollars BitcoinIt was stated that he was the biggest winner of the political changes. Investors think that the upcoming elections in the US and the rise of Republicans will be positive for cryptocurrencies. On the contrary, there was an outflow of $6.3 million from short Bitcoin investment products.
Ethereum (ETH) 
$2,526 entered its upward trend again and recorded a total outflow of 9.8 million dollars last week. This shows that there is a difference in short-term expectations in the markets.
solana (LEFT), XRP (XRP) and tron (TRX) saw an inflow of $600 thousand, $1.1 million and $100 thousand, respectively.
On the other hand, multi-asset investment products containing different assets received inflows for the 17th week in a row, but these inflows remained only in a limited amount of 1.5 million dollars.
Huge Interest in Blockchain Equity ETFs
Blockchain based as well as cryptocurrencies stock ETFThere was also a significant investment flow into . It was one of the biggest weeks of the year for these ETFs, with weekly inflows totaling $34 million. Experts point out that the recent rise in Bitcoin’s price has increased interest in these ETFs.
USA‘s share in these investments was quite large. While 406 million dollars of the total inflow of 407 million dollars came from the USA, Canada It was able to attract only 4.8 million dollars of investment. This trend is a trend for investors to invest in cryptocurrencies during periods of political uncertainty. safe harbor reveals what he sees as.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
