{"id":22175,"date":"2023-07-10T16:00:44","date_gmt":"2023-07-10T16:00:44","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-investment-products-see-136m-for-3rd-week-of-inflows\/"},"modified":"2023-07-10T16:00:44","modified_gmt":"2023-07-10T16:00:44","slug":"crypto-investment-products-see-136m-for-3rd-week-of-inflows","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-investment-products-see-136m-for-3rd-week-of-inflows\/","title":{"rendered":"Crypto investment products see $136M for 3rd week of inflows"},"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\/07\/1689001345047-94ee18d7-ec88-4adf-b2c6-f40a1d5aefe4-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1689001345047-94ee18d7-ec88-4adf-b2c6-f40a1d5aefe4-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1689001345047-94ee18d7-ec88-4adf-b2c6-f40a1d5aefe4-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1689001345047-94ee18d7-ec88-4adf-b2c6-f40a1d5aefe4-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Bitcoin inflows over last week was $133 million, compared to Ethereum\u2019s $2.9 million.<\/li>\n<li dir=\"ltr\">Total inflows into crypto asset products was $136 million, with this the third consecutive week of inflows.<\/li>\n<li dir=\"ltr\">Altcoins such as XRP, Solana, Polygon, Litecoin and Aave saw minor inflows.<\/li>\n<\/ul>\n<p dir=\"ltr\">Inflows into crypto investment products was $136 million this past week as the confidence in the digital assets investment space continued to build momentum.<\/p>\n<p dir=\"ltr\">According to data from crypto asset management firm CoinShares, last week marks the third consecutive week of inflows. With investors putting over $470 million into various crypto products, the 3-week period has resulted in a full correction of the outflows recorded over the previous nine weeks.<\/p>\n<p dir=\"ltr\">CoinShares\u2019 <a href=\"https:\/\/blog.coinshares.com\/volume-139-digital-asset-fund-flows-weekly-report-33b877f6baee\" rel=\"noopener noreferrer\" target=\"_blank\">report<\/a> highlighting the digital asset investment market puts the year-to-date flows at a net positive of $231 million.<\/p>\n<h2 dir=\"ltr\">Bitcoin saw $133 in inflows<\/h2>\n<p dir=\"ltr\">With <a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin<\/a> mostly bullish in the past few weeks, institutional investors\u2019 focus has largely been predominantly on Bitcoin products. That is explained by the inflows of $133 million for Bitcoin over the week, masively dwarfing Ethereum\u2019s $2.9 million. Short-bitcoin products indeed saw outflows of $1.8 million to reinforce this perspective.<\/p>\n<p dir=\"ltr\">Leading altcoins such as XRP, Solana, Polygon, Litecoin and Aave recorded minor inflows. Even then, the signal is investors have a mostly positive outlook for the flagship crypto asset compared to altcoins.<\/p>\n<h2 dir=\"ltr\">Bullish crypto market after BlackRock ETF filing<\/h2>\n<p dir=\"ltr\">This has come at a time when sentiment across the broader crypto market has largely flipped bullish and spot prices ticked up for most cryptocurrencies.<\/p>\n<p dir=\"ltr\">Numerous spot Bitcoin ETF proposals, led by top asset manager BlackRock, helped bulls push to new YTD levels. [<a href=\"https:\/\/coinjournal.net\/news\/bitcoin-cash-price-hits-1-year-high-as-bch-soars-72-this-week\/\">Read more<\/a>]<\/p>\n<p dir=\"ltr\">However, the uptick in inflows has come amid reduced trading turnover. The past week had a total investment products volume of $ 1 billion, compared to an average of $2.5 billion over the two weeks prior. Per CoinShares, low volumes seen over the week are likely due to seasonal effects \u2013 a scenario typically observed between July and August.<\/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-investment-products-hit-3-week-stretch-of-inflows\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Bitcoin inflows over last week was $133 million, compared to Ethereum\u2019s $2.9 million. Total inflows into crypto asset products was $136 million, with this the third consecutive week of inflows. Altcoins such as XRP, Solana, Polygon, Litecoin and Aave saw minor inflows. Inflows [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":22176,"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\/22175"}],"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=22175"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22175\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/22176"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=22175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=22175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=22175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}