{"id":24490,"date":"2023-11-13T15:49:26","date_gmt":"2023-11-13T15:49:26","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/inflows-into-crypto-products-surpass-1b-year-to-date\/"},"modified":"2023-11-13T15:49:26","modified_gmt":"2023-11-13T15:49:26","slug":"inflows-into-crypto-products-surpass-1b-year-to-date","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/inflows-into-crypto-products-surpass-1b-year-to-date\/","title":{"rendered":"Inflows into crypto products surpass $1B year-to-date"},"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\/1970\/01\/1676984286075-0a542158-ba7e-41f8-b2c1-7a354f3c50e6-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1676984286075-0a542158-ba7e-41f8-b2c1-7a354f3c50e6-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1676984286075-0a542158-ba7e-41f8-b2c1-7a354f3c50e6-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1676984286075-0a542158-ba7e-41f8-b2c1-7a354f3c50e6-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Digital asset investment products recorded inflows of $293 million last week.<\/li>\n<li dir=\"ltr\">Bitcoin saw $240 million, Ethereum $49 million and Solana $12 million.<\/li>\n<li dir=\"ltr\">A report by CoinShares shows year-to-date inflows have surpassed $1 billion.<\/li>\n<\/ul>\n<p dir=\"ltr\">Inflows into digital asset investment products hit $293 million last week, the seventh consecutive week of positive flows.\u00a0<\/p>\n<p dir=\"ltr\">According to data from asset manager CoinShares, the 7-week streak of inflows has brought the total year-to-date flows into crypto exchange traded products to $1.14 billion. This follows increased institutional interest that has pushed yearly inflows YTD to its third highest yearly level.\u00a0<\/p>\n<p dir=\"ltr\">Meanwhile, total assets under management (AuM) in <a href=\"https:\/\/coinjournal.net\/cryptocurrencies\/\">cryptocurrencies<\/a> have increased 9.6% this past week.<\/p>\n<p dir=\"ltr\">The weekly flows <a href=\"https:\/\/blog.coinshares.com\/volume-157-digital-asset-fund-flows-weekly-report-a8be1d5b3f85\" rel=\"noopener noreferrer\" target=\"_blank\">report<\/a> shows total AuM stood at $44.3 billion last week, up 99% this year and at the highest level since May 2022.<\/p>\n<h2 dir=\"ltr\">Bitcoin inflows hit $240 million last week<\/h2>\n<p dir=\"ltr\">In specific investment products, <a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin<\/a> saw $240 million in inflows last week to bring the total YTD reading to $1.08 billion. ETP trading volume for the flagship cryptocurrency accounted for nearly 20% of volume on trusted exchanges.<\/p>\n<p dir=\"ltr\">James Butterfill, the head of research at CoinShares, notes that the increase in ETP volume compared to BTC trading volume is a rare occurrence that \u201c<em>suggests ETP investors are participating much more in this rally compared to 2020\/21<\/em>.\u201d<\/p>\n<p dir=\"ltr\">Also notable were the inflows into Ethereum investment products.<\/p>\n<p dir=\"ltr\">According to CoinShares\u2019 weekly report, inflows of $49 million last week was the largest for Ether since August 2022. The sentiment around Ether-based ETPs has improved significantly over the past two weeks. Notably, this outlook is unfolding as spot Ethereum ETF filings spark interest.<\/p>\n<h2 dir=\"ltr\">Solana sees huge inflows<\/h2>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/solana\/\">Solana<\/a>, one of the top performing crypto assets these past few weeks, also recorded notable inflows this past week. $12 million were poured into SOL products over the seven days , while the altcoin leads the segment with $121 million in year-to-date inflows.<\/p>\n<p dir=\"ltr\">The optimism is reflected in the SOL price, which had fallen dramatically in November 2022 as the market reacted to the collapse of FTX. At current levels of $59, Solana is trading 170% over the past 30 days and 315% over the past year.<\/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-etp-inflows-surpass-1b-year-to-date-as-total-aum-hits-may-2022-high\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Digital asset investment products recorded inflows of $293 million last week. Bitcoin saw $240 million, Ethereum $49 million and Solana $12 million. A report by CoinShares shows year-to-date inflows have surpassed $1 billion. Inflows into digital asset investment products hit $293 million last [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":24491,"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\/24490"}],"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=24490"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24490\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24491"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}