#criptomonedas #inversiones #ETP #Bitcoin #Ethereum #criptoactivos #flujosdeinversion #tecnologíablockchain
For the third consecutive week, digital asset investment products have seen a substantial influx, amounting to $1.05 billion this time. This has contributed to a record-breaking year-to-date cumulative flow of $14.9 billion, as reported in CoinShares’ Digital Asset Fund Flows Weekly Report. The surge in prices has led to total digital asset exchange-traded products (ETPs) reaching $98.5 billion, with a significant 28% increase in weekly ETP trading volumes, now standing at $13.6 billion.
The majority of recent inflows were directed towards Bitcoin ETPs, attracting $1.01 billion, while products shorting BTC experienced outflows of $4.3 million. Despite recent price hikes, the broadly positive sentiment suggests that investors have been influenced by the FOMC minutes and recent macro data viewed as mildly dovish. Investment products offering exposure to Ethereum also saw inflows of $36 million, the highest since March, driven by early reactions to the approval of spot Ether ETFs in the United States.
The bullish sentiment extended to various altcoins, with Solana receiving $8 million in inflows, while Litecoin recorded inflows of $2.8 million, followed by Chainlink and XRP with $0.6 million and $0.4 million, respectively. On the contrary, Cardano witnessed weekly outflows of $1.2 million. Geographically, the United States led the inflows with $1.03 billion, where Grayscale notably reduced its outflows to just $15 million for the week. In contrast, despite the excitement surrounding the launch of spot Bitcoin ETFs in Hong Kong, disappointing outflows of $29 million were reported last week.
Comments are closed.