A new CoinShares survey found that more than $57 billion has been invested by institutional investors in cryptocurrencies, with Bitcoin as the main investment vehicle.
Over the past week, new inflows reached $100 million, including $10 million invested by Grayscale, bringing its total year-over-year position to $2.3 billion.
With the exception of Ripple, which has problems with the SEC, the remaining cryptocurrencies have seen large inflows from previous periods, especially from investors in Europe and Canada. It is worth noting that the Purpose ETF from Canada is in great demand, surpassing other products in Canada.
This shows that all institutional investors expect returns from their placements in the next medium term.