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Crypto investors capitalized on hammered digital asset prices to deploy capital into blockchain token-based funds.&nbsp; 
According to a CoinShares <a href="https://blog.coinshares.com/volume-190-digital-asset-fund-flows-weekly-report-47b8dfbe45c6" target="_blank" rel="">report</a>, $441 million in net inflows streamed in digital asset investment vehicles last week following a widespread market downturn and subsequent recovery. 
James Butterfill, Coinshares’ head of research, said American investors took advantage of lower prices, with investors parking around $384 million in digital asset investment products on Wall Street. Other regions like Hong Kong, Switzerland, and Canada also recorded modest capital inflows. Bitcoin led the pack and comprised 90% of all inflows, but investors also diversified money into altcoins.&nbsp; 
 You might also like: <a href="https://crypto.news/german-government-moves-56-65m-in-btc-amid-market-wide-fud/"> German government moves $56.65m in BTC amid market-wide FUD </a> 
<h2 class="wp-block-heading" id="crypto-dip-extends">Crypto dip extends </h2> 
The virtual currency industry experienced negative sentiment as the overall market lost over 9% of its value last week and fell to $2 trillion. Market leaders Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noreferrer noopener">BTC</a>) and Ethereum (<a href="https://crypto.news/price/ethereum/" target="_blank" rel="noreferrer noopener">ETH</a>) also dropped to two-month lows.&nbsp; 
BTC fell below $54,000 on <a href="https://crypto.news/?s=Mt+Gox">Mt. Gox</a> fears and <a href="https://crypto.news/?s=germany">German</a> sell pressure before rebounding above $58,000, while ETH slipped under $3,000. Last week, TradingView showed that the altcoin market cap dipped as much as 15%, and altcoins have generally declined up to 80% since before Bitcoin’s halving.&nbsp; 
Data noted a 4% bounce on Monday as traders piled into opportunities for larger gains, but bearish marketwide sentiment persisted, and cryptocurrencies recorded losses again. The crypto “fear &amp; greed” is now at 28, marking its lowest level since last September. 
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While the total digital asset market cap rose nearly 3% before falling again due to volatility and Bitcoin FUD, blockchain equities continued in a downswing. Butterfill wrote that shares from mining entities and other web3 companies have now had $556 million in outflows since the start of the year.&nbsp; 
 Read more: <a href="https://crypto.news/mt-gox-is-a-thorn-in-bitcoins-side-analyst-says/"> Mt. Gox is a ‘thorn in Bitcoin’s side,’ analyst says </a>

CoinShares: $441m crypto inflows signal ‘buy the dip’ outlook

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