Equity

Bitcoin

Read

Chainlink

As Bitcoin nears $100,000, crypto investment products recorded their largest-ever weekly inflows, pushing year-to-date totals to a record $37 billion. 
Crypto investment funds hit another weekly inflow milestone of $3.13 billion, as total inflows since September reached $15.2 billion amid shifting interest rate policies, <a href="https://blog.coinshares.com/volume-210-digital-asset-fund-flows-weekly-report-1e294c6b2c70" target="_blank" rel="nofollow">data</a> from CoinShares indicates. According to a Nov. 25 research report, year-to-date inflows now stand at a record $37 billion, far outpacing early adoption of U.S. gold exhcange-traded funds, which drew $309 million in their first year. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="1400" height="1407" src="https://crypto.news/app/uploads/2024/11/gfhtgfhr.png" alt="CoinShares: Crypto investment products saw record $3.13b weekly inflow - 31" class="wp-image-14313639">
 <figcaption class="wp-element-caption">
 Weekly inflows in crypto-related investment products | Source: <a href="https://blog.coinshares.com/volume-210-digital-asset-fund-flows-weekly-report-1e294c6b2c70" target="_blank" rel="nofollow">CoinShares</a>
 </figcaption>
</figure> 
CoinShares head of research James Butterfill says Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank">BTC</a>) accounted for the bulk of last week’s inflows, attracting $3 billion. As Bitcoin’s price neared $100,000, short-Bitcoin products saw $10 million in inflows, bringing their monthly total to $58 million, the highest level since August 2022. 
 You might also like: <a rel="" href="https://crypto.news/coinshares-adds-metaplanet-to-its-blockchain-global-equity-index/"> CoinShares adds Metaplanet to its Blockchain Global Equity Index </a> 
<h2 class="wp-block-heading" id="mixed-regional-crypto-sentiment">Mixed regional crypto sentiment</h2> 
Regional trends showed mixed sentiment. While U.S.-based funds saw $3.2 billion in inflows, European markets recorded net outflows of $141 million. Investors in Germany, Switzerland and other European countries appeared to capitalize on recent price highs to take profits, Butterfill noted. At the same time, markets in Australia, Canada, and Hong Kong saw positive flows, contributing $9 million, $31 million, and $30 million, respectively. 
Among altcoins, Solana (<a href="https://crypto.news/price/solana/" target="_blank">SOL</a>) outpaced Ethereum (<a href="https://crypto.news/price/ethereum/" target="_blank">ETH</a>), drawing $16 million in weekly inflows compared to Ethereum’s $2.8 million. XRP (<a href="http://crypto.news/price/xrp/" target="_blank">XRP</a>), Litecoin (<a href="http://crypto.news/price/litecoin/" target="_blank">LTC</a>), and Chainlink (<a href="http://crypto.news/price/chainlink/" target="_blank">LINK</a>) also saw notable demand, with inflows of $15 million, $4.1 million, and $1.3 million, respectively. However, multi-asset investment products faced their second consecutive week of outflows, totaling $10.5 million, per data. 
 Read more: <a rel="" href="https://crypto.news/coinshares-launches-educational-campaign-targeting-swedish-investors/"> CoinShares launches educational campaign targeting Swedish investors </a>

CoinShares: Crypto investment products saw record $3.13b weekly inflow

Table of Contents

crypto.news

Other articles published on Nov 25, 2024

Crypto PACs Pumped $245+ Million into Most Crypto-Friendly Congress

Ethereum Killers Are Rallying: Why Is ETH Lagging Behind?

Shiba Inu (SHIB) Millionaire Moves Into Rival Priced at $.09, Confident It Will Reach $10 in the ...

Which AI Cryptocurrency Will Explode in 2024? Top Picks for Massive Growth

These 5 Altcoins Could Deliver Life-Changing Wealth Before 2025

Most Trending Cryptocurrency on Base Chain Now – Crash Token, This Is My Iguana, Basenji

Join our free newsletter for daily crypto updates!