Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»CoinShares: $2 billion inflows into digital asset fund amid interest rate cut expectations
ADOPTION NEWS

CoinShares: $2 billion inflows into digital asset fund amid interest rate cut expectations

By Crypto FlexsJune 10, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
CoinShares:  billion inflows into digital asset fund amid interest rate cut expectations
Share
Facebook Twitter LinkedIn Pinterest Email





Significant influx of digital asset funds

Digital asset investment products experienced significant inflows totaling $2 billion in the first week of June, according to CoinShares. This means that investor interest has increased noticeably thanks to expectations of future interest rate cuts.

Over a five-week period, inflows have now reached $4.3 billion. Exchange-traded product (ETP) trading volume also increased significantly, reaching $12.8 billion this week, up 55% from the previous week.

Bitcoin and Ethereum lead the way

Bitcoin (BTC) remained a major focus for investors, attracting $1.97 billion in inflows during the week. Ethereum (ETH) also saw significant interest, recording its best week since March with inflows totaling $69 million. This surge is due to the SEC’s unexpected decision to allow spot-based ETFs.

Local insights and market sentiment

In the United States, inflows were particularly strong, reaching $1.98 billion. The first day of the week saw the third-largest daily inflows on record, with the iShares Bitcoin ETF now surpassing Grayscale with $21 billion in assets under management (AuM).

Market sentiment appears to have changed as US macroeconomic indicators are weaker than expected, raising expectations of a monetary policy interest rate cut. This positive sentiment pushed total AuM above $100 billion for the first time since March.

Altcoins and other investment products

While Bitcoin and Ethereum dominated inflows, some altcoins also saw minimal activity. In particular, Phantom (FTM) and XRP recorded inflows of $1.4 million and $1.2 million, respectively.

For the third week in a row, there has been a total outflow of $5.3 million from Bitcoin short products. This trend suggests that interest in bearish bets on Bitcoin is waning.

Unusually, we saw inflows from almost all providers, while outflows from incumbents continued to slow. This widespread interest highlights broader positive market sentiment.

Image source: Shutterstock

. . .

tag


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025
Add A Comment

Comments are closed.

Recent Posts

The Great Inheritance and Crypto: What you need to know.

October 17, 2025

6 Best AI Quant Bots To Use In 2025: Smarter Trading Starts Here

October 17, 2025

AI and Bitcoin mining stocks soar after OpenAI closes multibillion-dollar chip deal with AMD

October 17, 2025

MEXC Celebrates ZEROBASE (ZBT) Listing With Airdrop+ Event Featuring 55,000 USDT Prize Pool

October 16, 2025

How MasterQuant’s AI Trading Bot Is Becoming Every Investor’s Favorite Trade Machine

October 16, 2025

Seascape Launches First Tokenized BNB Treasury Strategy On Binance Smart Chain

October 16, 2025

ETH And BTC Holders Are Flocking To OAK Mining For Stable Profits Of $8,600 Daily

October 16, 2025

Will Solana price fall to $170 once it gets close to the important support level?

October 16, 2025

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

ZBCN is tradable!

October 15, 2025

Analysts expect a breakout of $135 as ETF approval buzz grows.

October 15, 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

The Great Inheritance and Crypto: What you need to know.

October 17, 2025

6 Best AI Quant Bots To Use In 2025: Smarter Trading Starts Here

October 17, 2025

AI and Bitcoin mining stocks soar after OpenAI closes multibillion-dollar chip deal with AMD

October 17, 2025
Most Popular

SUI’s 73% shares of the highest password market -Is there a new price record?

April 25, 2025

Binance Pool Introduces Merged Mining for LTC, DOGE, and Bellscoin (BEL)

September 30, 2024

MicroStrategy splits from Bitcoin and moves closer to ATH. Here’s how:

October 9, 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.