{"id":19188,"date":"2023-03-27T21:00:19","date_gmt":"2023-03-27T21:00:19","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/institutional-investors-put-160m-into-crypto-products\/"},"modified":"2023-03-27T21:00:19","modified_gmt":"2023-03-27T21:00:19","slug":"institutional-investors-put-160m-into-crypto-products","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/institutional-investors-put-160m-into-crypto-products\/","title":{"rendered":"Institutional investors put $160M into crypto products"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1679947781456-47799c4a-523b-4532-ade9-6d81f2b9444a-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1679947781456-47799c4a-523b-4532-ade9-6d81f2b9444a-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1679947781456-47799c4a-523b-4532-ade9-6d81f2b9444a-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1679947781456-47799c4a-523b-4532-ade9-6d81f2b9444a-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Investors put $160M into crypto investment products amid concerns around traditional finance.<\/li>\n<li dir=\"ltr\">Bitcoin recorded the largest inflows of $128 million as a six-week streak of outflows ended.<\/li>\n<li dir=\"ltr\">Digital assets manager CoinShares also says Solana, Polygon and EXP recorded inflows.<\/li>\n<\/ul>\n<p dir=\"ltr\">Inflows into digital asset investment products totaled $160 million last week, with the latest market report from digital assets manager CoinShares showing the largest share of inflows went into Bitcoin.<\/p>\n<p dir=\"ltr\">CoinShares\u2019 Digital Asset Fund Flows Weekly Report <a href=\"https:\/\/a.storyblok.com\/f\/155294\/x\/700d450d7f\/digital-asset-fund-flows-weekly-27-03-23.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">published<\/a> Monday 27 March also highlighted that crypto investment products had ended a six-week streak of outflows.<\/p>\n<h2 dir=\"ltr\">Digital asset investment products saw largest inflows since July 2022<\/h2>\n<p dir=\"ltr\">According to CoinShares Head of Research James Buttefill, crypto investment products had recorded outflows totaling $408 million over the past six weeks.\u00a0<\/p>\n<p dir=\"ltr\">However, last week saw institutional investors put the most funds into crypto-related products for the sector to register its largest weekly inflow in eight months. The last time more institutional flows hit the crypto investment space was in July 2022.<\/p>\n<p dir=\"ltr\">The inflows come a while after <a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin<\/a> rallied to highs near $29,000, with prices of Ethereum and other altcoins also witnessing significant upsides. However, BTC has shed some of the gains and remains below $28k.<\/p>\n<p dir=\"ltr\">Butterfill notes that inflows came \u201crelatively late\u201d compared to the rest of the crypto market, noting this is likely a reaction by investors to the recent chaos within the traditional financial markets.<\/p>\n<h2 dir=\"ltr\">Bitcoin recorded $128 million in inflows, but Ethereum saw a 3rd week of outflows<\/h2>\n<p dir=\"ltr\">Bitcoin saw the most inflows last week, with $128 million poured into BTC investment products as some CoinShares clients expressed sentiment of BTC being a safe haven. However, Bitcoin also continued to attract negative sentiment, with short-bitcoin inflows hitting $31 million last week.<\/p>\n<p dir=\"ltr\">Meanwhile, <a href=\"https:\/\/coinjournal.net\/ethereum\/\">Ethereum<\/a> recorded outflows for the third consecutive week, with $5.2 million exiting Ether investment products. CoinShares believes there are jitters around Ethereum\u2019s highly anticipated network upgrade Shanghai, which is expected around 12 April.<\/p>\n<p dir=\"ltr\">Among altcoins, the top three coins to see inflows were <a href=\"https:\/\/coinjournal.net\/solana\/\">Solana<\/a> ($4.8 million), <a href=\"https:\/\/coinjournal.net\/polygon\/\">Polygon<\/a> ($1.9 million) and <a href=\"https:\/\/coinjournal.net\/ripple\/\">XRP<\/a> ($1.2 million).<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/crypto-saw-160-million-in-institutional-inflows-last-week\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Investors put $160M into crypto investment products amid concerns around traditional finance. Bitcoin recorded the largest inflows of $128 million as a six-week streak of outflows ended. Digital assets manager CoinShares also says Solana, Polygon and EXP recorded inflows. Inflows into digital asset [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":19189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/19188"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=19188"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/19188\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/19189"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=19188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=19188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=19188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}