CoinShares: Cryptofunds raised $42 million in a week

Cryptocurrency exchange-traded funds raised the most money in the last 14 weeks from November 7 to 11. According to CoinShares, the net inflow of institutional capital into such instruments was $42 million.
Analysts note that the influx of funds in digital assets was observed against the background of the collapse of the exchange FTX and its daughters company Alameda Research. Last week, observers also paid attention to the fall in the value of digital currencies.
Bitcoin plummeted to a two-year low. The largest digital currency fell below $16,000 on some trading floors.

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