Biggest Weekly Inflows Into Crypto-related Goods Since July 2022 At $117 Million

Key Points:

  • Cryptocurrency investment products had weekly inflows of $117 million last week, the biggest since July 2022, amid investor attitude that indicated “greed.” Almost exclusively, investors are concentrating on Bitcoin, which had inflows of $116 million.
  • 40% of all inflows last week, or $46 million, came from Germany. A total of $30 million, $26 million, and $23 million were brought into Canada, the United States, and Switzerland, respectively.
  • CoinShares reported that investors are deliberately exiting some shares, outflows last week reached $6.4 million.
According to CoinShares survey, cryptocurrency investment products had weekly inflows of $117 million last week, the biggest since July 2022, amid investor attitude that indicated “greed.” Almost exclusively, investors are concentrating on Bitcoin, which had inflows of $116 million.
Biggest Weekly Inflows Into Crypto related Goods Since July 2022 At 117 Million
Crypto-related Goods Since July 2022 At $117 Million

From November lows, total assets under management (AuM) of investment products surged 43% to $28 billion. Additionally, the trading volume of investment goods increased to $1.3 billion in the week of January 23, up 17% from the average for the entire year. In contrast, the larger crypto market’s average weekly volumes increased by 11%.

40% of all inflows last week, or $46 million, came from Germany. A total of $30 million, $26 million, and $23 million were brought into Canada, the United States, and Switzerland, respectively.

For the ninth week running, multi-asset investment products have continued to lose money. Although CoinShares reported that investors are deliberately exiting some shares, outflows last week reached $6.4 million. This is due to slight withdrawals in Bitcoin Cash, Stellar, and Uniswap and inflows into Solana, Cardano, and Polygon.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

Coincu News

Biggest Weekly Inflows Into Crypto-related Goods Since July 2022 At $117 Million

Key Points:

  • Cryptocurrency investment products had weekly inflows of $117 million last week, the biggest since July 2022, amid investor attitude that indicated “greed.” Almost exclusively, investors are concentrating on Bitcoin, which had inflows of $116 million.
  • 40% of all inflows last week, or $46 million, came from Germany. A total of $30 million, $26 million, and $23 million were brought into Canada, the United States, and Switzerland, respectively.
  • CoinShares reported that investors are deliberately exiting some shares, outflows last week reached $6.4 million.
According to CoinShares survey, cryptocurrency investment products had weekly inflows of $117 million last week, the biggest since July 2022, amid investor attitude that indicated “greed.” Almost exclusively, investors are concentrating on Bitcoin, which had inflows of $116 million.
Biggest Weekly Inflows Into Crypto related Goods Since July 2022 At 117 Million
Crypto-related Goods Since July 2022 At $117 Million

From November lows, total assets under management (AuM) of investment products surged 43% to $28 billion. Additionally, the trading volume of investment goods increased to $1.3 billion in the week of January 23, up 17% from the average for the entire year. In contrast, the larger crypto market’s average weekly volumes increased by 11%.

40% of all inflows last week, or $46 million, came from Germany. A total of $30 million, $26 million, and $23 million were brought into Canada, the United States, and Switzerland, respectively.

For the ninth week running, multi-asset investment products have continued to lose money. Although CoinShares reported that investors are deliberately exiting some shares, outflows last week reached $6.4 million. This is due to slight withdrawals in Bitcoin Cash, Stellar, and Uniswap and inflows into Solana, Cardano, and Polygon.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

Coincu News

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