Bitcoin
Bitcoin (BTC)
$68,217.00 7.47147
Bitcoin price
Ethereum
Ethereum (ETH)
$3,636.30 4.1718
Ethereum price
BNB
BNB (BNB)
$422.14 2.09622
BNB price
Solana
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$132.67 1.26872
Solana price
XRP
XRP (XRP)
$0.6566270 5.06941
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000421 90.12882
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000077 34.07498
Pepe price
Bonk
Bonk (BONK)
$0.0000403 51.49631
Bonk price
Bitcoin
Bitcoin (BTC)
$68,217.00 7.47147
Bitcoin price
Ethereum
Ethereum (ETH)
$3,636.30 4.1718
Ethereum price
BNB
BNB (BNB)
$422.14 2.09622
BNB price
Solana
Solana (SOL)
$132.67 1.26872
Solana price
XRP
XRP (XRP)
$0.6566270 5.06941
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000421 90.12882
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000077 34.07498
Pepe price
Bonk
Bonk (BONK)
$0.0000403 51.49631
Bonk price
Bitcoin
Bitcoin (BTC)
$68,217.00 7.47147
Bitcoin price
Ethereum
Ethereum (ETH)
$3,636.30 4.1718
Ethereum price
BNB
BNB (BNB)
$422.14 2.09622
BNB price
Solana
Solana (SOL)
$132.67 1.26872
Solana price
XRP
XRP (XRP)
$0.6566270 5.06941
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000421 90.12882
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000077 34.07498
Pepe price
Bonk
Bonk (BONK)
$0.0000403 51.49631
Bonk price
Bitcoin
Bitcoin (BTC)
$68,217.00 7.47147
Bitcoin price
Ethereum
Ethereum (ETH)
$3,636.30 4.1718
Ethereum price
BNB
BNB (BNB)
$422.14 2.09622
BNB price
Solana
Solana (SOL)
$132.67 1.26872
Solana price
XRP
XRP (XRP)
$0.6566270 5.06941
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000421 90.12882
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000077 34.07498
Pepe price
Bonk
Bonk (BONK)
$0.0000403 51.49631
Bonk price

Digital asset investment weekly inflow hits $346m, highest in 18 months

digital-asset-investment-weekly-inflow-hits-346m-highest-in-18-months
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News
Digital asset investment weekly inflow hits $346m, highest in 18 months

Recent weeks have seen a massive surge in digital asset investments, with inflows totaling $346 million, led by Bitcoin and Ethereum.

Investments in digital asset products have surged recently, marking a significant trend in the crypto market. Last week, these products experienced an influx of $346 million in capital, setting a record for the largest weekly investment during a continuous nine-week period of positive flows.

According to CoinShares report, Bitcoin alone attracted $312 million in new investments last week, with Bitcoin’s year-to-date inflows exceeding $1.5 billion. Enhanced activity in exchange-traded products (ETPs) related to Bitcoin has been observed, with these products accounting for 18% of all Bitcoin spot trading volumes last week.

Ethereum also recorded $34 million in inflows last week, contributing to a four-week total of $103 million. This marks a significant reversal from earlier trends of outflows, signaling a shift in investor sentiment towards Ethereum.

Digital asset investment weekly inflow hits $346m, highest in 18 months - 1
Fund inflow by asset | Source: CoinShares

Regionally, Canada and Germany have been at the forefront of these inflows, contributing 87% of the total. The U.S., on the other hand, has seen relatively modest participation, with only $30 million in inflows last week. This could be attributed to investors awaiting the launch of a spot-based ETF in the U.S.

These developments suggest a renewed investor interest and confidence in digital assets, as evidenced by the increasing inflows and the rise in total assets under management to $45.3 billion, the highest in over 18 months. The anticipation of a new ETF in the U.S. and the general bullish trend in the market since late 2021 have been key drivers behind this positive shift.

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