{"id":43985,"date":"2024-12-24T11:54:54","date_gmt":"2024-12-24T11:54:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/institutional-investors-pour-308-million-into-crypto-despite-market-sell-off\/"},"modified":"2024-12-24T11:54:54","modified_gmt":"2024-12-24T11:54:54","slug":"institutional-investors-pour-308-million-into-crypto-despite-market-sell-off","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/institutional-investors-pour-308-million-into-crypto-despite-market-sell-off\/","title":{"rendered":"Institutional Investors Pour $308 Million Into Crypto Despite Market Sell-Off"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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Significant inflows into digital asset investment products demonstrate the continued strength of institutional interest in cryptocurrencies. Institutional investors contributed $308 million to cryptocurrency investment vehicles last week, amid tumultuous market conditions, according to CoinShares\u2019 most recent Digital Asset Fund Flows report.<\/p>\n

Market Turbulence Meets Steady Inflows<\/strong><\/h2>\n

The week saw mixed signals, including a staggering $576 million in single-day outflows on December 19, followed by $1 billion in outflows during the final two days of the week. Despite these figures, CoinShares emphasized the resilience of the market.<\/p>\n

\u201cDigital asset investment products saw a continuation of inflows last week totaling US$308m, although this masks the largest single day of outflows on the 19th December totaling US$576m, with total outflows in the final 2 days of last week at US$1bn,\u201d<\/em> stated the report.<\/p>\n

The Federal Open Market Committee\u2019s (FOMC) recent hawkish stance also had a noticeable impact. CoinShares noted a $17.7 billion decline in assets under management (AuM) across crypto exchange-traded products (ETPs). However, they maintained that the losses were relatively modest.<\/p>\n

\u201cWhile these outflows may sound alarming, they comprise just 0.37% of total AuM, ranking as the 13th largest single-day outflow on record,\u201d<\/em> the report added.<\/p>\n

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Bitcoin (BTC) continued to dominate institutional interest, attracting $375 million in inflows. Ethereum (ETH) and XRP also saw positive movement, gaining $51.3 million and $8.8 million, respectively.<\/p>\n

However, multi-asset investment products, which provide exposure to a range of cryptocurrencies, faced substantial withdrawals. CoinShares highlighted this trend, stating, \u201cThe most dramatic flows were from multi-asset investment products, which saw US$121m of outflows last week.\u201d<\/em><\/p>\n

This dynamic showcases the shifting preferences of institutional investors, who appear to favor individual assets over diversified crypto baskets during volatile periods.<\/p>\n

Despite market challenges, the steady inflows reflect institutional confidence in the long-term potential of digital assets. CoinShares\u2019 insights underline a maturing market capable of weathering fluctuations while maintaining growth.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) Significant inflows into digital asset investment products demonstrate the continued strength of institutional interest in cryptocurrencies. Institutional investors contributed $308 million to cryptocurrency investment vehicles last week, amid tumultuous market conditions, according to CoinShares\u2019 most recent Digital Asset Fund Flows report. Market Turbulence Meets Steady Inflows […]<\/p>\n","protected":false},"author":34,"featured_media":43986,"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\/43985"}],"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=43985"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/43985\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/43986"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=43985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=43985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=43985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}