{"id":27793,"date":"2024-03-18T13:51:22","date_gmt":"2024-03-18T13:51:22","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/digital-assets-see-new-record-of-2-9-billion-weekly-inflows\/"},"modified":"2024-03-18T13:51:22","modified_gmt":"2024-03-18T13:51:22","slug":"digital-assets-see-new-record-of-2-9-billion-weekly-inflows","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/digital-assets-see-new-record-of-2-9-billion-weekly-inflows\/","title":{"rendered":"Digital assets see new record of $2.9 billion weekly inflows"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison )<\/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\/2024\/03\/different-types-of-cryptocurrencies-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/different-types-of-cryptocurrencies-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/different-types-of-cryptocurrencies-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/different-types-of-cryptocurrencies-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Digital assets saw a new weekly record as inflows hit $2.9 billion last week.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Bitcoin recorded inflows of $2.86 billion, while Ethereum, Solana and Polygong saw minor outflows.<\/span><\/li>\n<li><span style=\"font-weight: 400\">CoinShares shared the details in its Digital Asset Fund Flows report published on Monday, March 18.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">The crypto investment space saw a record $2.9 billion in inflows last week, digital assets manager CoinShares says.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Per the report, the figure beat the previous week\u2019s $2.7 billion, with this a seventh consecutive week that crypto investment products are seeing inflows.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201c<em>This week\u2019s inflows have pushed year-to-date inflows to US$13.2bn, smashing the full 2021 inflows of US$10.6bn<\/em>,\u201d CoinShare\u2019s global head of research James Butterfill noted in the <\/span><i><span style=\"font-weight: 400\">Digital Asset Fund Flows <\/span><\/i><span style=\"font-weight: 400\"><a href=\"https:\/\/blog.coinshares.com\/volume-174-digital-asset-fund-flows-weekly-report-60801e380967\" target=\"_blank\" rel=\"noopener\">report<\/a> published on Monday, March 18.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Bitcoin saw inflows of $2.86 billion<\/span><\/h2>\n<p><span style=\"font-weight: 400\">In a week where Bitcoin price shot to a new all-time high above $73k before flipping negative to test lows of $65k, crypto ETPs shone.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin-etf\/\">Bitcoin<\/a> saw inflows of $2.86 billion during the week to push its market share to 97% year-to-date.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, smart contracts platforms Ethereum, Solana and Polygon recorded outflows of $14 million, $2.7 million and $6.8 million respectively.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to CoinShares, an aggregate of all crypto investment products, the global trading volume for digital assets reached $43 billion last week. This was also the volume for the previous week, and was 47% more than the global trading volume for <a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin-etf\/\">Bitcoin (BTC)<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Notably, global ETPs surpassed $100 billion for the first time last week. However, the dip witnessed as Bitcoin led the price correction saw the market close at $97 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">BTC price has traded back to $68k and sentiment remains bullish going into the Bitcoin halving. Altcoins are also expected to explore new highs in coming months and this could play into further inflows.<\/span><\/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\/digital-assets-see-new-record-of-2-9-billion-weekly-inflows\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison ) Digital assets saw a new weekly record as inflows hit $2.9 billion last week. Bitcoin recorded inflows of $2.86 billion, while Ethereum, Solana and Polygong saw minor outflows. CoinShares shared the details in its Digital Asset Fund Flows report published [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":27794,"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\/27793"}],"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=27793"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/27793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/27794"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=27793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=27793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=27793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}