Capital inflow into crypto funds reached a record $37 billion
It is noteworthy that the leader in inflows among cryptocurrencies was not Bitcoin (BTC). Market participants withdrew $457 million from investment products based on the first cryptocurrency. According to analysts, many rushed to take profits after the asset reached a psychological mark of $100 thousand.
Meanwhile, the inflow of funds into investment products focused on Ethereum (ETH) amounted to $634 million. The total amount of investments for this year exceeded $2.2 billion, breaking the 2021 record of $2 billion.
Record investments also came into crypto funds based on Ripple (XRP) - $95 million. Experts from CoinShares attribute this to the active discussion of the possible appearance of ETFs in the United States.$SOL $PEPE $SHIB