Despite the SEC fight, XRP system products recorded record inflows in 2022: Report

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Von: Krypto News Österreich

2022, many crypto-assets lost value, which caused investors to deduct their money from the market. In turbulent times, the inflows collapsed massively.

According to the latest report by Coinshares, the inflow of digital assets was recorded with $ 433 million, the lowest level in four years. The last time that the numbers were moving near the current level was in 2018 when the inflows were $ 233 million.

  • Bitcoin experienced the most third-party year with $ 287 million for inflows after it had decreased by well over 60 % this year.
  • Multi-asset system products recorded traces of only $ 209 million.
  • The Merge was the biggest highlight in the Ethereum ecosystem. But the concern of investors about a successful transition to the Proof of Stake (POS) led to $ 402 million.
  • The number was strongly reversed compared to the two previous years when Ethereum recorded massive tributaries of more than $ 1.8 billion or $ 920 million.
  • other old coins that wore the main load of the turbulent year were Binance Coin (BNB) with $ 24 million and tron ​​(TRX) with $ 3 million.
  • On the other hand, the products based on Litecoin (LTC) and Polygon (Matic) recorded tributaries of $ 2 million or 1 million
  • While the washout of the FTX crypto exchange significantly impaired the Solana network, it concluded the year with $ 121 million.
  • XRP remained unimpressed by the twists of the struggle between crypto companies Ripple and the US stock exchange supervisory authority (SEC). In fact, XRP-related investment products have recorded tributaries of $ 32 million, the second highest in the past five years.
  • In the meantime, short investment products with traces worth $ 108 million came to the fore for the entire year 2022.

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