Digital investment products saw outflows for the 5th consecutive week. In the weekly report prepared by CoinShares, Europe’s largest digital investment firm, net outflows from crypto products reached a total of $54 million. 85% of these outflows were made up of Bitcoin products. Net outflows from Bitcoin products reached $45 million.
Investments continue in Solana
The Ethereum exit figure was $4.8 million. While Binance and Polygon products saw partial outflows of $300 thousand each, Solana, Cardano and XRP products closed the week in plus. Solana saw inflows of $700,000. Net investments in Solana products since the beginning of the year have reached $26 million.
The total value of crypto investment products appears to be $32 billion. This figure includes products from the $21 billion Grayscale company. In second place is CoinShares’ Bitcoin Fund with $1.5 billion.
Investing by country, it has been observed that the highest sales are in US-based products. American products brought in $41 million weekly. In Germany, the country closest to America, this figure was $5.9 million.
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