The activity of Ethereum funds indicates a return of trust on the part of investors
Last week, the inflow of investments in products based on digital assets amounted to $30 million. It is worth noting that due to the correction of data for the previous week, the inflow changed from $12 million to $343 million, which was the best result since November 2021. Thus, during the month, the total capital inflow amounted to $ 394 million, and the total amount of assets under management returned to the levels of the beginning of June 2022 at $ 30 billion
At the regional level, Switzerland accounted for a significant share of the inflow of funds, amounting to $16 million. The USA and Germany showed more modest results - $9 million and $8 million, respectively.
BTC-focused funds raised $19 million, while the inflow for the previous week was adjusted to $206 million, which was the best result since May 2022. Funds allowing BTC to be shorted attracted only $0.6 million, which was the result of a positive exchange rate movement of the asset.
Ethereum funds managed to attract $8 million, while adjusted data for the previous week showed an inflow of $120 million, which was a record since June 2021. Such amounts mark a turning point in investor sentiment after the recent 11-week negative series, and also indicate an increase in confidence as the merger in the main network approaches.
Funds working with multiple assets showed a rare negative result for themselves, losing $2.3 million. SOL funds managed to raise $1.8 million, and ADA funds - $1.4 million.
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