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Crypto investment products are experiencing a surge in inflow for the first time in over a month, reaching $130 million with the United States frontrunning the trend. According to a <a href="https://blog.coinshares.com/volume-182-digital-asset-fund-flows-weekly-report-b4608e30d123" rel="noopener noreferrer nofollow">report published by James Butterfill on Medium</a> showing weekly crypto asset fund flows, the Exchange Traded products continue to decline, with $8 billion a week compared to the $17 billion average last month.
Despite a dip in trading volumes compared to previous weeks and months, trading activity remains substantially higher than in 2023.
<h2 id="b-united-states-leads-the-crypto-inflow-charge-b">United States Leads the Crypto Inflow Charge</h2>
Regionally, the United States received the majority of inflows, with a total of $135 million in crypto inflow. Grayscale Investment, an incumbent, had the lowest weekly outflows since January, amounting to $171 million. The US is a focal point in the digital asset investment landscape, witnessing a substantial inflow of $721 million in February.&nbsp;
This surge in capital can be attributed to the introduction of newly issued Exchange Traded-Funds (ETFs), which attracted a remarkable 41.7 billion in inflows. These <a href="https://thecoinrise.com/spot-bitcoin-etf-surge-makes-record-accumulation-splash/" rel="noopener noreferrer nofollow">ETFs have been performing strongly</a> since their launch on January 11th, averaging $1.9 billion in inflows in January and accumulating $7.7 billion in total. Despite this positive momentum, incumbent issuers experienced outflows totaling $6 billion.
<h2 id="b-bitcoin-btc-also-experiences-inflows-b">Bitcoin (BTC) Also Experiences Inflows</h2>
Bitcoin continues to lead the way in attracting investments, with $144 million in inflows, recovering from a weak month. However, short Bitcoin ETPs experienced outflows totaling $5.1 million, bringing the total outflows of the past 8 weeks to $18 million.
In February, <a href="https://thecoinrise.com/bitcoin-btc-shines-as-crypto-market-hit-708m-in-weekly-inflow/" rel="noopener noreferrer nofollow">Bitcoin attracted inflows of $703 million</a>, which accounts for 99% of all flows into digital asset investment products. Conversely, short Bitcoin products also experienced minor outflows of $5.3 million, coinciding with a reversal of negative price momentum.
This influx of funds into Bitcoin highlights the sustained trust and attraction towards the primary cryptocurrency among investors.
<h2 id="b-six-days-of-inflows-in-spot-bitcoin-etfs-b">Six Days of Inflows in Spot Bitcoin ETFs</h2>
Just last month, <a href="https://thecoinrise.com/us-spot-bitcoin-etfs-see-three-days-consistent-inflows/" rel="noopener noreferrer nofollow">spot BTC ETFs marked their third consecutive day of net crypto inflow</a>, totaling an impressive $31.64 million. According to the report, BlackRock’s spot Bitcoin ETF brought in $37.92 million, the largest daily net inflow amongst others. Ark Invest brought in $33.28 million, while Bitwise has $23.23 million in net inflows.
However, Grayscale’s GBTC recorded $66.88 million worth of net outflow. This significant influx of funds has brought the total spot BTC ETFs net inflow to $12.42 billion, with a total net assets of $55.82 billion.
The post <a href="https://thecoinrise.com/crypto-investment-products-sees-130m-in-inflow-reports/" rel="noopener noreferrer nofollow">Crypto Investment Products Sees $130M in Inflows: Reports</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Crypto Investment Products Sees $130M in Inflows: Reports

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