Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ADOPTION NEWS»Bitcoin ETF inflows reached $3.12 billion, surpassing Ethereum.
ADOPTION NEWS

Bitcoin ETF inflows reached $3.12 billion, surpassing Ethereum.

By Crypto FlexsNovember 29, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin ETF inflows reached .12 billion, surpassing Ethereum.
Share
Facebook Twitter LinkedIn Pinterest Email

jack anderson
November 26, 2024 18:00

Bitcoin ETFs set a new record for digital asset investments last week, drawing an unprecedented $3.12 billion in inflows, according to CoinShares.





According to CoinShares, the Bitcoin exchange-traded fund (ETF) reached a significant milestone, recording its highest weekly inflows ever at $3.12 billion. These significant inflows have pushed digital asset investments to a new high, totaling $37 billion to date.

record influx

Digital asset investment products recorded a surprising weekly inflow of $3.13 billion, driven primarily by Bitcoin. This surge surpasses the initial performance of the US gold ETF, which raised just $309 million in its first year. Inflows came mainly from the United States and amounted to $3.2 billion, while countries such as Germany, Sweden and Switzerland saw outflows of $40 million, $84 million and $17 million respectively as investors took advantage of high prices. It happened.

Bitcoin dominates, Solana outperforms Ethereum.

Bitcoin alone attracted $3 billion in inflows, with an additional $10 million going into short Bitcoin investment products. This is the highest inflow since August 2022, bringing the monthly figure to $58 million. Solana has outperformed Ethereum in the same period, attracting $16 million in inflows compared to Ethereum’s $2.8 million, but it lags Ethereum on a year-to-date basis.

Global Investment Trends

While some European countries experienced outflows, other regions saw positive trends. Australia, Canada and Hong Kong reported inflows of $9 million, $31 million and $30 million, respectively. Altcoins such as XRP, Litecoin, and Chainlink also saw significant interest, with inflows of $15 million, $4.1 million, and $1.3 million respectively. However, multi-asset investment products saw outflows totaling $10.5 million for the second week in a row.

Visit CoinShares for more insights and detailed analysis.

Image source: Shutterstock


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

Bitfinex updates version 1.116 improved platforms

June 6, 2025

SEI Network opens up the way of autonomous AI economy.

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

Bitfinex updates version 1.116 improved platforms

June 6, 2025

Encryption leverage: 2025 trend and change analysis

June 6, 2025

Why DEGO Price tank 60%after moving USD1 Stablecoin

June 6, 2025

SEI Network opens up the way of autonomous AI economy.

June 6, 2025

SEI hit 621K wallet and $ 930m tvL, but two regions should pay attention.

June 6, 2025

Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

June 6, 2025

COREWEAVE is a NVIDIA GB200 Super Chip that achieves recorded MLPERF benchmarks.

June 6, 2025

Bitcoin dives for less than $ 102K in fading momentum and macroscopic uncertainty.

June 6, 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

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025
Most Popular

🔴 Extreme greed attacks cryptocurrencies

November 27, 2023

U.S. House passes bill to overturn controversial SEC accounting bulletin

May 8, 2024

Aethir is launching a decentralized cloud network on the Ethereum mainnet.

June 12, 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.