As institutional adoption grows, cryptocurrency funds attracted an inflow of $9.3B in 2021

Institutional cryptocurrency funds attracted a record inflow of funds in 2021 because ofBitcoin) And ether (Ethereum) Continue to grow in a volatile and often unpredictable bull market.

According to the latest data released by CoinShares on Tuesday, the inflow of crypto investment products this year was 9.3 billion U.S. dollars, higher than 2020’s 6.8 billion U.S. dollars. The Bitcoin Fund attracted $6.3 billion worth of funds last year, and the total inflow of ether products was close to $1.4 billion. Multi-asset funds are also very popular, attracting US$775 million in investor funds.