{"id":30623,"date":"2024-05-13T16:37:09","date_gmt":"2024-05-13T16:37:09","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-investment-products-see-first-inflows-in-over-a-month\/"},"modified":"2024-05-13T16:37:09","modified_gmt":"2024-05-13T16:37:09","slug":"crypto-investment-products-see-first-inflows-in-over-a-month","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-investment-products-see-first-inflows-in-over-a-month\/","title":{"rendered":"Crypto investment products see first inflows in over a month"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin 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\/05\/bitcoin-other-cryptocurrencies-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/bitcoin-other-cryptocurrencies-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/bitcoin-other-cryptocurrencies-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/bitcoin-other-cryptocurrencies-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Digital assets investment products saw $130 million in inflows, the first after four weeks of outflows.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Bitcoin remains above $62k and saw inflows of $144 million this past week.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">As <a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin<\/a> shows fresh resilience above $62,000, latest market data reveals that digital asset investment products recorded inflows for the first time in over a month last week.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On Monday, digital assets manager CoinShares <a href=\"https:\/\/blog.coinshares.com\/volume-182-digital-asset-fund-flows-weekly-report-b4608e30d123\" target=\"_blank\" rel=\"noopener\">published<\/a> its weekly report on crypto investment products. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The details showed the industry saw $130 million in inflows for the week ending May 10. It\u2019s the first time the metric reads positive since the first week of April \u2013 a run of four weeks of outflows.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-202984\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/05\/coinshares-digital-assets-flows-chart.webp\" alt=\"\" width=\"720\" height=\"724\" srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/05\/coinshares-digital-assets-flows-chart.webp 720w, https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/05\/coinshares-digital-assets-flows-chart-150x150.webp 150w\" sizes=\"(max-width: 720px) 100vw, 720px\"\/><\/p>\n<p><span style=\"font-weight: 400\">Notably, Bitcoin saw inflows of $144 million, while short-Bitcoin ETPs recorded outflows of $5.1 million.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The majority of the inflows were seen in the US, with $135 million. Hong Kong saw $19 million in inflows. Elsewhere, Canada and Germany recorded outflows of $20 million and $15 million respectively.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">ETP volumes remain low<\/span><\/h2>\n<p><span style=\"font-weight: 400\">While the week saw inflows overall, CoinShares\u2019s head of research James Butterfill wrote in the company blog that ETP volumes have continued to decline.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For instance, the market saw ETP volumes of $8 billion last week, while it averaged $17 billion in April.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201c<em>These volumes highlight ETP investors are participating less in the crypto ecosystem at present, representing 22% of total volumes on global trusted exchanges relative to 31% last month<\/em>,\u201d Butterfill noted.<\/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\/crypto-investment-products-see-first-inflows-in-over-a-month\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Digital assets investment products saw $130 million in inflows, the first after four weeks of outflows. Bitcoin remains above $62k and saw inflows of $144 million this past week. As Bitcoin shows fresh resilience above $62,000, latest market data reveals that [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":30624,"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\/30623"}],"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=30623"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/30623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/30624"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=30623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=30623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=30623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}