您现在的位置是:Crypto investment products hit 9 >>正文
Crypto investment products hit 9
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛6人已围观
简介Crypto investment products hit 9-week high of inflows.Total inflows for week up to November 24 was $...
- Crypto investment products hit 9-week high of inflows.
- Total inflows for week up to November 24 was $346 million, with $312 million in Bitcoin-related ETP products.
- Ethereum saw $34 million of inflows amid a turnaround in sentiment.
Crypto investment products recorded $346 million in inflows for the week ending November 24, according to a weekly report by digital assets management firm CoinShares.
The report highlights last week’s inflows into crypto exchange-traded products as the “highest total observed in the past 9 weeks of inflows,” CoinShares head of research James Butterfill noted.
According to the analysis, crypto products are on a run of inflows that’s now the biggest since the last bull market. Positive net inflows are likely to continue given the sentiment around the potential approval of a spot-based ETF in the US.
Bitcoin ETPs record $312 million in inflows
As total crypto ETPs inflows hit $346 million, the largest chunk of that went into Bitcoin (BTC) products, with a total of $312 million in weekly inflows. The figure pushed the inflows count for the flagship cryptocurrency $1.5 billion year-to-date. Meanwhile, short bitcoin products saw outflows of $0.9 million.
🟢 New record of inflows with US$346m this week, the highest total observed in the past 9 weeks of inflows.
– #Bitcoin –
🟢 $BTC: US$312m inflows (year-to-date inflows US$1.5bn)
🔴 Short Bitcoin: US$0.9m outflows🔎 ETP volumes as a percentage of total spot Bitcoin volumes… pic.twitter.com/gMUPzTy0q4
— CoinShares (@CoinSharesCo) November 27, 2023
Elsewhere, altcoins continued to experience a resurgence in inflows. Ethereum (ETH) registered a total of $34 million in inflows for the week, while Solana (SOL), Polkadot (DOT) and Chainlink (LINK) saw $3.5 million, $0.8 million and $0.6 million respectively.
Ethereum is on a 4-week run totalling $103 million, CoinShares noted, a scenario that sees the world’s second largest cryptocurrency by market cap nearly flip the run of outflows see in 2023. The CoinShares team attributes this to a “decisive turn-around in sentiment”, probably informed by recent events including the filing of a spot Ethereum ETF by BlackRock.
Last week’s inflows have pushed total assets under management in crypto funds to $45.4 billion. It’s the the highest level since May last year.
Total crypto ETP inflows surpassed the $1 billion mark year-to-date earlier this month.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/234932.html
相关文章
Impel Adds Bitcoin to ISO 20022 Financial Messaging on XDC Network
Crypto investment products hit 9Dallas, Texas, 2nd August, 2022, ChainwireNew Cross-chain Interoperability via WanBridge Provides Mo...
阅读更多
Developing markets outshined advanced ones in 2020 BTC gains
Crypto investment products hit 9Cryptocurrency traders in the US earned roughly $4 billion last year from Bitcoin investment, Chaina...
阅读更多
Litecoin (LTC) breaks below crucial support
Crypto investment products hit 9After days of trading sideways and showing very little appetite for trending upwards, Litecoin has f...
阅读更多