Bitcoin
Bitcoin (BTC)
$68,036.00 1.15926
Bitcoin price
Ethereum
Ethereum (ETH)
$3,537.78 0.5263
Ethereum price
BNB
BNB (BNB)
$601.66 0.86123
BNB price
Solana
Solana (SOL)
$182.89 4.9787
Solana price
XRP
XRP (XRP)
$0.5931870 0.0222
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000181 0.17333
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000124 1.39344
Pepe price
Bonk
Bonk (BONK)
$0.0000317 2.38495
Bonk price
Bitcoin
Bitcoin (BTC)
$68,036.00 1.15926
Bitcoin price
Ethereum
Ethereum (ETH)
$3,537.78 0.5263
Ethereum price
BNB
BNB (BNB)
$601.66 0.86123
BNB price
Solana
Solana (SOL)
$182.89 4.9787
Solana price
XRP
XRP (XRP)
$0.5931870 0.0222
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000181 0.17333
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000124 1.39344
Pepe price
Bonk
Bonk (BONK)
$0.0000317 2.38495
Bonk price
Bitcoin
Bitcoin (BTC)
$68,036.00 1.15926
Bitcoin price
Ethereum
Ethereum (ETH)
$3,537.78 0.5263
Ethereum price
BNB
BNB (BNB)
$601.66 0.86123
BNB price
Solana
Solana (SOL)
$182.89 4.9787
Solana price
XRP
XRP (XRP)
$0.5931870 0.0222
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000181 0.17333
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000124 1.39344
Pepe price
Bonk
Bonk (BONK)
$0.0000317 2.38495
Bonk price
Bitcoin
Bitcoin (BTC)
$68,036.00 1.15926
Bitcoin price
Ethereum
Ethereum (ETH)
$3,537.78 0.5263
Ethereum price
BNB
BNB (BNB)
$601.66 0.86123
BNB price
Solana
Solana (SOL)
$182.89 4.9787
Solana price
XRP
XRP (XRP)
$0.5931870 0.0222
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000181 0.17333
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000124 1.39344
Pepe price
Bonk
Bonk (BONK)
$0.0000317 2.38495
Bonk price

Weekly inflows into crypto funds amounted to record $2.7b

crypto-inflows-funds-2-billion
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Weekly inflows into crypto funds amounted to record $2.7b

CoinShares analysts presented a weekly report on the inflows of funds in cryptocurrency funds.

According to the latest report, capital inflows into this category of investment products reached a record level of $2.7 billion between March 2 and March 8, 2024.

Weekly inflows into crypto funds amounted to record $2.7b - 1
Source: CoinShares

The total inflow over the past two months amounted to $10.3 billion. For comparison, experts noted that for 2021, during the bull run, this figure amounted to $10.6 billion.

Bitcoin (BTC) played a crucial role in the increase in volume, accounting for $2.6 billion. Analysts note that since the beginning of the year, the asset has demonstrated an influx of 14% of the total volume of crypto assets under management (AUM).

CoinShares representatives also highlighted Ethereum’s (ETH) slight outflow of $2.1 million. At the same time, Solana (SOL), which had previously faced a “bout of negative sentiment,” resumed the influx of funds, reaching $24 million.

Weekly inflows into crypto funds amounted to record $2.7b - 2
Source: CoinShares

At the regional level, the undisputed leader with a plus sign was the United States, with an indicator of $2.8 billion. They were followed by countries such as Switzerland, which had $21 million, and Brazil, which had $18 million. Experts said that profit-taking was observed in Germany, Canada, and Sweden. The total outflow in these countries was $151 million.

The record influx of assets into cryptocurrency funds coincided with BTC updating its all-time high last week. The first cryptocurrency surpassed the $70,000 level on March 8, and on March 11, the price of Bitcoin again reached a record, increasing to $72,000.

As a result, BTC rose to eighth position in the ranking of the most significant assets/counterparties in market capitalization, overtaking silver. According to Companies Market Cap, Bitcoin’s current capitalization is more than $1.4 trillion.