{"id":26454,"date":"2024-02-20T01:06:11","date_gmt":"2024-02-20T01:06:11","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-dominates-as-crypto-investments-hit-record-high\/"},"modified":"2024-02-20T01:06:11","modified_gmt":"2024-02-20T01:06:11","slug":"bitcoin-dominates-as-crypto-investments-hit-record-high","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-dominates-as-crypto-investments-hit-record-high\/","title":{"rendered":"Bitcoin Dominates as Crypto Investments Hit Record High"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Last week, the crypto investment sphere witnessed an unprecedented level of institutional investment, with CoinShares reporting a record $2.45 billion infusion into crypto investment products. This surge has pushed the assets under management (AUM) of these products to their zenith since December 2021, highlighting a resurgence in interest towards the digital assets globally.<\/p>\n<p>CoinShares detailed in their Digital Asset Fund Flows report, <em>\u201cDigital asset investment products saw record weekly inflows, totaling US$2.45 billion, with inflows for year to date now at an impressive US$5.2 billion. These inflows, coupled with recent positive price moves, have elevated the total assets under management (AuM) to US$67 billion, marking the highest level since December 2021.\u201d<\/em> This marks a big moment for the industry, signifying renewed confidence from institutional players.<\/p>\n<p>The report further indicates a stark concentration of these inflows within the United States, accounting for 99% of the total. This is likely to be a reflection of the growing institutional appetite for crypto spot exchange-traded funds (ETFs) in the region. Meanwhile, other areas like Germany and Switzerland saw more modest investments, and Sweden experienced a withdrawal of funds.<\/p>\n<p><a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> (BTC) dominated the inflow charts, capturing 99% of the total with $2.43 billion, showcasing its continued appeal to investors. Other cryptocurrencies like Ethereum (ETH), Avalanche (AVAX), Chainlink (LINK), and Polygon (MATIC) also witnessed positive inflows, albeit on a much smaller scale. Conversely, Solana (SOL) saw a decrease in investment, with outflows recorded at $1.6 million.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/record-week-for-crypto-investment-products\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Last week, the crypto investment sphere witnessed an unprecedented level of institutional investment, with CoinShares reporting a record $2.45 billion infusion into crypto investment products. This surge has pushed the assets under management (AUM) of these products to their zenith since December 2021, highlighting a resurgence [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":26455,"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":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26454"}],"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\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=26454"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26454\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/26455"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=26454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=26454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=26454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}