The crypto investment products market saw $57 million in inflows during the week of April 3, according to the CoinShares report.
This influx has brought the crypto investment products market into a net inflow position since the start of the year, as noted by the CoinShares report.
Until the week of March 20, the crypto investment products market saw outflows for six consecutive weeks. Total losses during this period amounted to $408 million.
The largest outflow in those six weeks was the week of March 6, when the market lost $255 million, which was 1% of the market at the time.
Flow per asset
Bitcoin (BTC)-based investment products accounted for almost all of the inflows recorded during the week. Of the $57 million in total inflows, BTC products saw $56 million in inflows.
Ethereum (ETH) based products contributed the second largest amount, with $600,000 in inflows. Ripple (XRP) and Polygon (MATIC) also contributed $200,000 each.
Meanwhile, BTC-based products and multi-asset products saw outflows worth $600,000 and $400,000, respectively.
Feeds by provider
When streams are categorized by provider, ProShares stands out as the organization with the largest inflow at $25.3 million, or more than 44% of the total amount.
21Shares followed ProShares as the second largest contributor to entries with $11.8 million. Even though CoinShares Physical saw $1.1 million in inflows, CoinShares XBT saw $1.2 million out, bringing CoinShares final score to $100,000 out.
Meanwhile, Purpose and CI Investments saw inflows of $900,000 and $100,000 – while 3Qi saw outflows of $100,000.
The United States leads the way
According to the figures, the United States is responsible for adding $26.8 million in admissions, which is almost 50% of the total amount.
Germany and Switzerland followed the United States in contributing the second and third largest shares of admissions with $16.6 million and $12.8 million, respectively. Canada also contributed $2.2 million in capital inflows in fourth place.
Meanwhile, Sweden and Brazil recorded $1.2 million and $300,000 in releases, respectively.
Disclaimer: The opinions of our editors are their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, and CryptoSlate does not endorse any project that may be mentioned or linked in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please exercise due diligence before taking any action related to the content of this article. Finally, CryptoSlate takes no responsibility if you lose money trading cryptocurrencies.