Spherical crypto currency Despite the increasing geopolitical uncertainties with based investment funds, it continues its strong performance. Coinshares‘of dataAccording to what last week these funds flowed net $ 1.9 billion. Thus, the ninth week of global crypto funds received net entries in a row and the total net entrance in this period reached 12.9 billion dollars. The net introduction, which has been recorded since the beginning of the year, has reached a new record level with $ 13.2 billion. Coinshares Research Head James Butterfill“Last week, geopolitical concerns put pressure on risky assets, while crypto currencies showed their durability by pulling entrances with gold,” he commented. The total managed asset (AUM) size of the funds rose to $ 179 billion.
Recovery in Bitcoin funds, record flow in Ethereum
Bitcoin (BTC) $105,062.89 Based investment products were strongly recovered after two weeks of small outputs. In the last week, Bitcoin -based investment products have a net $ 1.3 billion entry and the AUM size has increased to 156.7 billion dollars. Most of this introduction came from the Spot Bitcoin stock market investment funds (ETFs) in the USA. In the USA Spot Bitcoin ETF‘s alone with a net input of $ 1.37 billion alone, small outlets in other countries slightly balanced this figure. Short Bitcoin investment products also saw a small net entering $ 3.7 million.
Ethereum (ETH) 
$2,517.22 Based investment products maintained the positive course. Ethereum products have taken 585 million dollars input in the last week and carried the best performance series since February to 2 billion dollars (approximately 14 percent of the AUM of 14.9 billion dollars). Only in the USA Spot Ethereum ETF528.2 million dollars of net entrance to them. However, the funds ended the 19 -day record entry series with an output of $ 2.1 million on Friday.
Three weeks later, the XRP -based investment products attracted its first net entry ($ 11.8 million), while the sui -based investment products were $ 3.5 million.
Regional Performance of Crypto Money Based Investment Products
Regional USA With a net $ 1.9 billion entrance, it was by far the leader. Butterfill, investor sensitivity is largely positive, he said. The US area of 20.7 million dollars, $ 39.2 million and a net entry of $ 12.1 million respectively Switzerland, Germany And Canadafollowed by funds. On the other hand Hong Kong And BrazilCrypto currency -based investment products closed the week with a net output of $ 56.8 million and $ 8.5 million respectively.
According to market data BTC around 107 thousand dollars with a 1.3 percent rise in the last week, Eth 5.4 percent of the rise of 2 thousand 628 dollars traded. BRN Chief Analyst Valentin Fournier“Despite geopolitical risks, the market’s power is encouraged by individual and algorithmic momentum investors, especially with the step back,” he said. However, Fournier added that the uncertainty of the expected interest rate cuts, the more slow recruitment of central banks, and the weakening of Ethereum’s institutional momentum pointed to a wavy course on the way back to record levels.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
