According to CoinShares data, these products, which saw outflows of $16 million in the previous week, reversed the situation by recovering with recent inflows.
Germans were the most popular
Looking at inflows by region, Germany took the first place in crypto funds with 40 percent of the total. Canada was the second largest country, representing 25 percent of the total. Twenty percent came from the United States and about 15 percent from Switzerland.
Interest continues for 3 months
The data showed that the current bull market for crypto fund products started in the week of September 29. The week ending November 24 saw the largest inflows in the entire 13-week period, with a net of $346 million.
Flows have slowed significantly since then, but the positive trend has continued. Before that, crypto funds had seen outflows for eight of the previous nine weeks.
