Ethereum

Cryptocurrency

United

Bitcoin

Impact

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/institutional-funds-surge-into-cryptocurrency-market" data-wpel-link="internal" rel="noopener noreferrer nofollow">Institutional Funds Surge into Cryptocurrency Market</a><br></p>
<p style="text-align: justify">Recent data from CoinShares reveals a remarkable influx of $3.2 billion into cryptocurrency investment products by institutional entities over the past week. This surge marks a new milestone, pushing the yearly total to an impressive $44.5 billion.</p>
<h2 style="text-align: justify" id="strong-what-impact-does-this-have-on-trading-volume-strong"><strong>What Impact Does this Have on Trading Volume?</strong></h2>
<p style="text-align: justify">The report indicates that cryptocurrency investment products have experienced net inflows for ten consecutive weeks. The latest weekly inflow of $3.2 billion coincided with a trading volume of $21 billion on exchanges, accounting for 30% of the overall <a href="https://en.bitcoinhaber.net/bitcoins-price-tug-of-war-bulls-versus-bears" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> trading volume. Notably, Bitcoin transactions have averaged $8.3 billion daily this year, significantly overshadowing the Financial Times Stock Exchange Index (FTSE 100).</p>
<h2 style="text-align: justify" id="strong-which-regions-are-leading-in-investments-strong"><strong>Which Regions are Leading in Investments?</strong></h2>
<p style="text-align: justify">The findings suggest that all global regions are seeing benefits from cryptocurrency investments. The United States is at the forefront with $3.1 billion, followed by Switzerland at $36 million and Germany at $33 million. Brazil’s involvement is also noteworthy, with a $25 million contribution.</p>
<p style="text-align: justify">The CoinShares report underscores the increasing appetite for Bitcoin and Ethereum investment options, which remain the preferred assets among institutional players. This growing interest not only stabilizes the market but also highlights the potential for significant advancement in other altcoins.</p>
<ul>
 <li>Institutional inflows reached a record $3.2 billion last week.</li>
 <li>Bitcoin continues to dominate with $38 billion in investment.</li>
 <li>Ethereum attracted $1 billion in inflows.</li>
 <li>Regional investments reflect a diverse global interest, particularly in the U.S.</li>
</ul>
<p style="text-align: justify">The robust demand for cryptocurrency investment products is significantly enhancing liquidity and easing trading conditions, thus allowing a wider array of participants to engage with the market. The sustained interest from institutional players points to the likelihood of continued growth in the cryptocurrency landscape.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/institutional-funds-surge-into-cryptocurrency-market" data-wpel-link="internal" rel="noopener noreferrer nofollow">Institutional Funds Surge into Cryptocurrency Market</a></h5>

Institutional Funds Surge into Cryptocurrency Market

Table of Contents

BH NEWS

Other articles published on Dec 17, 2024

MEXC Crowns “Face of MEXC 2024” at MShow, Strengthening Brand Presence in Vietnam

Do You Pay Taxes on a Loan? Understanding Crypto Loans and Taxes

Can Ethereum Reclaim $4,500 Before Year End?

Mike Novogratz Predicts Bitcoin Might Eclipse Gold in Five Years

Why Crypto always has an upload fee debate？why is it so difficult to restructure the cryptocurren...

Bitget Lists Vana (VANA) to Innovation Zone: Empowering Users in Web3 and AI

Join our free newsletter for daily crypto updates!