February 5, 2023

Institutional investors have invested over $ 57 billion in cryptocurrency

Institutional investors have invested over $ 57 billion in cryptocurrency

According to CoinShares, institutional investors continue to actively invest in crypto assets and their derivatives, increasing their share to $ 57 billion last week.

According to a new company report, only 13 toOn March 19, the inflow of funds into digital assets from large players amounted to $ 99 million. $ 85.3 million was invested in derivatives based on bitcoin, $ 99 million on the basis of ether, and multicurrency ones attracted $ 4.2 million. However, these figures are about half the level of the beginning of 2021. ...

CoinShares also notes a decrease in investment trading volumes products by 36% compared with the average for the current year. This is mainly due to a decrease in the interest of American investors.

Grayscale, the world's largest crypto asset manager, had $ 44.2 billion in capital as of March 22.

Many investors are attracted by high levelsreturn on digital assets. For example, according to Compound Capital Advisors, Bitcoin averages 230%, which is 11 times higher than any other asset class.