CoinShares: Institutional investors put on the fall of bitcoin – Bits Media

Over the past week, the influx of funds in products for institutional investors was $64 million. Moreover, most of the money was invested in funds, profit from the fall of bitcoin.

Coinshares analysts reported, What was invested in bitcoin $600 000, в ETH – $4.9 million, and multi -ore funds attracted $4.4 million. However, to the funds, profit from the fall of bitcoin, was invested $51.4 million. In total, such products are placed $140 million, that is, During the week, the indicator doubled.

The most activity was shown by the institutions from the USA, invested $46.2 million. More $7.5 Milln invested by companies and funds from Switzerland, $5.8 Milln - from Germany. Investors from Sweden withdrew funds in the amount $1.8 million.

Analysts noted, what, it seems, Investors again began to diversify the funds between various digital assets - this is evidenced by the flow of money to funds for altcoins.

A breakfast week was remembered by the, that investors brought out of cryptocurrency funds $423 million. This is the maximum outflow of funds in the history of the cryptocurrency industry.