Cryptocurrency investment products, which surged with ETFs, saw the highest inflows in its history last week. The figure reached a net $1.84 billion.

Assets under management also hits a record high

The total value of crypto products under the management of fund companies such as Bitcoin is also heading towards a record. With the increase in prices, the total value of “assets under management”, also known as AUM in global terminology, was $82.5 billion. In November 2021, when Bitcoin’s last record was seen, this figure was $86 billion.

XRP and Chainlink on the radar of investors

Bitcoin again leads the space with $1.7 billion, while Ethereum saw net investments of $84.7 million. Altcoin funds also started to enter the radar of investors with the surge in prices. $400 thousand invested in BNB funds and $1.2 million in Litecoin funds. In this sense, there were net inflows of $1.6 million to LINK funds, which have not been around for a long time, and $ 2.5 million to XRP funds.

Outflows from Solana after a long time

It was noticed that there were outflows of $12 million from Solana funds, which have received very serious investments for months. While there was a net investment of $22 million in “Short Bitcoin” funds, Grayscale’s weekly sell-off reached $1.4 billion. Of this figure, $1.1 billion was on Thursday and Friday.