Digital Asset Inflows Skyrocket to $2.9B YTD, Shattering 2021 Records: CoinShares

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Crypto Blog

Investments in digital asset products clocked in a massive surge in weekly inflows, reaching a total of $2.9 billion.

Furthermore, global Exchange-Traded Products surpassed the milestone of $100 billion for the first time during the week. However, a price correction towards the end of the week led to it settling at $97 billion. On the other hand, Canada, Germany, Sweden, and Switzerland collectively experienced outflows totaling $78 million last week. CoinShares noted that 2024 hasn’t started on a positive note despite Bitcoin’sBitcoin experienced inflows amounting to $2.86 billion last week, constituting 97% of the total inflows for the year so far. Meanwhile, short Bitcoin witnessed its highest inflows in a year, reaching a total of $26 million, marking the fifth consecutive week of such inflows.


Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Leads With $570 Million Inflows as Digital Asset Management Peaks at $68.3 BillionTotal assets under management reach new highs since December 2021
Source: Utoday_en - 🏆 295. / 63 Read more »

HarbourView Equity Partners Raises $500 Million in Debt FinancingThe private asset-backed security was led by KKR with participation by Kuvare Asset Management.
Source: billboard - 🏆 112. / 63 Read more »

Spot Bitcoin ETFs See Record $1B in Net Inflows; Ethereum's 'Dencun' Upgrade Goes Live'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including bitcoin's (BTC) recent price movements as the spot BTC ETF products scored over $1 billion in net inflows on Tuesday. Plus, the Ethereum network went live successfully with its much-anticipated 'Dencun' upgrade, and why a U.S.
Source: CoinDesk - 🏆 291. / 63 Read more »

Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP SecuritiesWill Canny is CoinDesk's finance reporter.
Source: CoinDesk - 🏆 291. / 63 Read more »

Bitcoin Price Hits New Highs as Inflows into ETFs ContinueThe price of bitcoin reaches new all-time highs as inflows into U.S. spot bitcoin ETFs drive the cryptocurrency's price action. Crypto investment products see record inflows, while heightened leverage leads to significant price swings. Ethereum network's upcoming tech upgrade also draws investor attention.
Source: CNBC - 🏆 12. / 72 Read more »

Solana (SOL) Makes a Comeback: $24M Inflows Signal Positive MomentumCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »