Bitcoin ETPs continue inflows for third consecutive week

Share This Post

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.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Virtune XRP ETP Outperforms Bitcoin

The post Virtune XRP ETP Outperforms Bitcoin appeared first on Coinpedia Fintech News XRP is making headlines once again, gaining over 156% in less than two weeks However, what’s interesting is

Ethereum Price Readies for a Fresh Climb: Will Momentum Build?

Ethereum price started a consolidation phase near the $3,000 zone ETH is slowly moving higher and might aim for a fresh surge above $3,220 Ethereum is consolidating and facing hurdles near $3,220 The

Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets

Goldman Sachs is planning to spin off its digital assets platform into an independent company, aiming to enable large financial firms to create, trade, and settle instruments via blockchain Mathew

Is $135,000 Bitcoin’s Current Ceiling? This Model Says So

The CryptoQuant founder has shared a model for Bitcoin that suggests the cryptocurrency’s maximum price could lie around $135,000 right now Bitcoin Model Established On Realized Cap Could

Bitcoin Price Gears Up for New ATH: Will Bulls Push Through?

Bitcoin price is consolidating gains near the $90,000 zone BTC is showing positive signs and might soon aim for a fresh increase above $92,000 Bitcoin started a fresh increase above the $90,000 zone

SEC News : Brian Brooks Could Be the Next Chair Under Trump!

The post SEC News : Brian Brooks Could Be the Next Chair Under Trump! appeared first on Coinpedia Fintech News Could Brian Brooks be the next SEC Chair Many seem to think so A prediction platform