Digital assets manager CoinShares says institutions poured two billion dollars into crypto products last week alone.<\/p>\n
In its latest Digital Asset Fund Flows report, CoinShares\u00a0says<\/a> digital asset investment products reached $2 billion last week, equaling the totals from the four weeks prior.<\/p>\n \u201cDigital asset investment products saw inflows totaling US $2bn, bringing this recent five-week run of inflows to US$4.3bn. Trading volumes in ETPs rose to US$12.8bn for the week, 55% up from the week prior. Unusually, inflows were seen across almost all providers, with a continued slowdown in outflows from incumbents. We believe this turnaround in sentiment is a direct response to weaker than expected macro data in the US, bringing forward monetary policy rate cut expectations.\u201d<\/em><\/p>\n Regionally, the United States raked in nearly $2 billion in inflows alone, seeing the record third-largest daily inflow records on the first day of the period.<\/p>\n The largest crypto by market cap, Bitcoin (BTC<\/a>), per usual, took the lion\u2019s share of the inflows at $1.97 billion.<\/p>\n \u201c\u2026 while short-bitcoin saw outflows for the 3rd week in a row totaling US$5.3m.\u201d<\/em><\/p>\n Ethereum (ETH<\/a>) led all altcoins with $69 million in inflows. XRP<\/a>, Chainlink (LINK<\/a>), Solana (SOL<\/a>) and BNB brought in $1.2 million, $0.7 million, $0.7 million, $0.7 million and $0.2 million, respectively.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Digital assets manager CoinShares says institutions poured two billion dollars into crypto products last week alone. In its latest Digital Asset Fund Flows report, CoinShares\u00a0says digital asset investment products reached $2 billion last week, equaling the totals from the four weeks prior. \u201cDigital asset investment products saw inflows totaling US $2bn, bringing this recent five-week […]<\/p>\n","protected":false},"author":2,"featured_media":224444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-320655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/320655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=320655"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/320655\/revisions"}],"predecessor-version":[{"id":320660,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/320655\/revisions\/320660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/224444"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=320655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=320655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=320655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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