Cripto funds passed to $ 2b last week, pushing a 3-week towing to $ 5.5B

Products for investing cryptocurnances attracted $ 2 billion in new inflows last week, according to European Investment Coin Firms.

The Global Cripto Exchanged Products (ETPS) added $ 5.5 billion during the last three weeks, toward to the last weekly report with coins.

With the new inflows, the total assets under management (AUM) in all CRIPTO ETPS has jumped 3.3% of $ 151 billion to 156 billion dollars.

Although the positive trend continued the last three weeks, the latest weekly inflow was reduced by 41% of last week’s $ 3.4 billion inflow – The The third largest crippt style on records.

The inflow slowed in spite of the new bitcoin get

The slowdown of the inflow of the CRIPTO ETP came despite Bitcoin (Btc) See some short winnings last week, and the price increases with about $ 94,300. April on IntraVeek tall above $ 97,000. May, 2. May, toward Data from coonger.

At the trading week of 28. April to 2. Maja, Bitcoin viewed $ 1.8 billion inflow, from 43% of the week before.

However, bear investors have increased positions as a short Bitcoin ETPS, in inflow 300% in inflow compared to the previous week, up to $ 1.6 million.

Altcins ether (El) and XRP (XRP) Video is an ETP inflow in the amount of $ 149 million, or $ 10 million, respectively.

Related: Blackrock Bitcoin ETF buys $ 970 million in BTC as a rollover inflow, amplified market

Using Bitcoin makes up 98% of the CRIPTO ETP inviolates, the total inflow this year amounted to 5.6 billion dollars from 3. Maja.

Inflows concentrated with Blackrock’s isheres

According to Coinshares, the CRIPTO ETP inflow was highly concentrated with the black products of ISARES, which saw $ 2.7 billion last week.

However, Cripto ETPS publishers like investing in Ark Invest and Firting bleed last week, and outflows of $ 458 million and 201 million dollars, respectively.

Other publishers like innate, Griscale and Proshares recorded less outflows for their CRIPTO ETP products last week, in the total value of $ 36 million, in the amount of $ 31 billion and $ 25 million.

Journal: Bitcoin to a million dollars’ until 2029. Year, “CIA tips hat in Bitcoin: Hodler’s Digest, 27. April – 3. May