Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»Canada and Germany dominated cryptocurrency ETP inflows, with a record $346 million in funds added.
ETHEREUM NEWS

Canada and Germany dominated cryptocurrency ETP inflows, with a record $346 million in funds added.

By Crypto FlexsNovember 27, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Canada and Germany dominated cryptocurrency ETP inflows, with a record 6 million in funds added.
Share
Facebook Twitter LinkedIn Pinterest Email

According to the latest data from CoinShares, there were notable capital inflows into digital asset investment products last week, amounting to $346 million.

This figure marks the ninth consecutive week of the most significant weekly inflows and marks a pivotal point last seen during the bull market’s frenzy at the end of 2021. According to reported figures, the surge in inflows led to an increase in total assets under management (AuM). This amounted to $45.3 billion, the highest in over 18 months.

Canada and Germany accounted for 87% of the total, with inflows of $199.1 million and $101.5 million, respectively. In contrast, in the United States, investors were eager to launch spot-based exchange-traded funds (ETFs), which recorded a relatively modest $30 million.

However, the United States still has significantly more assets under management, at $33.1 billion, more than 10 times more than the next country.

Bitcoin and Ethereum are leading the way.

Bitcoin attracted $311.5 million in inflows last week, taking inflows past $1.5 billion so far this year. This strong accumulation comes at a time when short selling appears to be pulling back, as evidenced by three consecutive weeks of outflows of $900,000 from short-term Bitcoin ETPs.

Ethereum received $33.5 million in inflows, contributing to a total of $103 million over four weeks. The trend nearly nullifies previous outflows this year and signals a decisive shift in investor sentiment for the second-largest digital asset by market capitalization.

Implications for the cryptocurrency market

The injection of capital into other cryptocurrencies such as Solana, Polkadot, and Chainlink indicates that there is diverse investment interest within the sector, albeit relatively small. The continued use of exchange-traded products (ETPs) further highlights the growing preference for regulated financial products to gain cryptocurrency exposure, with ETPs accounting for 18% of total Bitcoin spot trading volume last week.

These financial moves are consistent with rising expectations for US-based spot ETFs. The rise in AuM and continued inflows into native and alternative digital assets suggest an increasingly optimistic market, or at least betting on the potential of a more regulated and accessible cryptocurrency investment environment.

Butterfill said there has been a “decisive shift in sentiment,” and the data appears to represent a snapshot of an industry at an inflection point, with investor sentiment and market dynamics aligning in a way that could define the trajectory of the cryptocurrency market. For the near future.

Check out the full CoinShares weekly report on James Butterfill’s Medium blog.

Posted in: Bitcoin, Chainlink, Ethereum, Polkadot, Solana, Canada, EU, Germany, US, ETF, exchanges
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Integrated security classes can accelerate the adoption of institutional passwords.

September 4, 2025

Next chapter of ecosystem support program

August 31, 2025

Kindly, MD’s $ 5B Bitcoin Play comes as DATS raises fear of wider Altcoin fluidity.

August 27, 2025
Add A Comment

Comments are closed.

Recent Posts

Sign Up And Receive $500 Bonus, Ushering In A New Era Of Compliant And Secure Crypto Investment

September 4, 2025

Why experts say that 99%of the traders are wrong

September 4, 2025

ChainUp Named Double Finalist At Thomson Reuters’ ALB Pan-Asian Regulatory Awards 2025

September 4, 2025

Integrated security classes can accelerate the adoption of institutional passwords.

September 4, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Solana-packee blockchain manually spreads

September 3, 2025

Bybit Card Launches In Europe With Unmatched 20% Cashback

September 3, 2025

GiftlyCard.com Recognized As Verified And Secure By Independent Review Sites

September 3, 2025

Embodying “Simple Mining, Smart Gains” For Effortless Crypto Accumulation

September 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Sign Up And Receive $500 Bonus, Ushering In A New Era Of Compliant And Secure Crypto Investment

September 4, 2025

Why experts say that 99%of the traders are wrong

September 4, 2025

ChainUp Named Double Finalist At Thomson Reuters’ ALB Pan-Asian Regulatory Awards 2025

September 4, 2025
Most Popular

New lows for Bitcoin, Ethereum and altcoins warn of analyst leading cryptocurrency crash in 2022

December 23, 2023

Investment sentiment shifts toward Pandosi

February 4, 2024

Innovative layer 2 protocol that improves Ethereum’s performance

March 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.