Bitcoin ETPs continue inflows for third consecutive week

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Quick Take

The weekly digital asset fund flows weekly report by Coinshares.

  • Last week, digital asset inflows hit $136 million, marking the third consecutive week of net inflows.
  • Trading turnover slowed, with a weekly total of $1 billion, down from the $2.5 billion preceding two-week average.
  • Bitcoin inflows reached $133 million, while short-Bitcoin saw $1.8 million outflows.
  • Ethereum inflows were $2.9 million, a mere 0.2% of total Assets Under Management (AuM).
  • Altcoins Solana, XRP, Polygon, Litecoin, and Aave saw inflows, while Cosmos and Cardano had minor outflows.
  • CoinShares weekly report is released each Monday.
Flows: (Source: Coinshares)
Flows: (Source: Coinshares)

The post Bitcoin ETPs continue inflows for third consecutive week appeared first on CryptoSlate.

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