Crypto asset fund, net inflow amount for the first time in 6 months | coindesk JAPAN | Coindesk Japan

Crypto-assets (virtual currency) funds saw net inflows of $117 million last week, the largest inflows in six months.

According to data released by CoinShares on January 30, investor funds mainly flowed into Bitcoin (BTC)-related funds, accounting for the majority of the inflow, $116 million. Bitcoin has been on an upward trend since the beginning of the year, and is currently up about 40%.

As market sentiment improved, crypto fund trading volume also increased, reaching $1.3 billion last week, 17% above the cumulative average.

Bitcoin short funds received $4.4 million inflows, demonstrating a polarizing view of the market.

Multi-asset funds posted net outflows of $6.4 million, their ninth consecutive week of net outflows. “It shows that investors like selective investments. While Bitcoin Cash, Stellar and Uniswap saw small net outflows, Solana, Cardano and Polygon proved it. Yes,” said CoinShares.

｜Translation: coindesk JAPAN
｜Editing: Takayuki Masuda
| Image: CoinShares
｜Original: Investors Pump Money Into Crypto Funds Amid Pickup in Market Sentiment