Despite market turmoil, cryptocurrency funds saw net inflows of $36 million last week

In addition, investors are selling off most cryptocurrencies, with Solana and Litecoin recording outflows of $2.6 million and $0.5 million, respectively.

In 2022, inflows into bitcoin funds have turned positive, suggesting that institutional investors have started buying back into bitcoin-related investment products.

According to CoinShares data, trading volume on cryptocurrency exchanges settled in Russian rubles soared 121% in the past week.