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»ADOPTION NEWS»Cryptocurrency investment products saw net inflows of $1.4 billion last week: CoinShares
ADOPTION NEWS

Cryptocurrency investment products saw net inflows of $1.4 billion last week: CoinShares

By Crypto FlexsJuly 15, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cryptocurrency investment products saw net inflows of .4 billion last week: CoinShares
Share
Facebook Twitter LinkedIn Pinterest Email

According to the latest report from CoinShares, global cryptocurrency investment products from asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares, and 21Shares saw a combined net inflow of $1.44 billion last week.

This figure is one of the largest weekly net inflows ever recorded, and brings the year-to-date figure to a record $17.8 billion, as digital asset investment products see additional buying amid price weakness, CoinShares research director James Butterfill wrote. This far surpasses the $10.6 billion net inflows seen during the bull market in 2021.

Weekly cryptocurrency asset flows. Image: CoinShares.

However, Butterfill noted that cryptocurrency exchange-traded products (ETPs) volume has been well below the average weekly volume of $21 billion this year, generating just $8.9 million last week, reflecting seasonal patterns that see volumes drop during the summer months.

Not surprisingly, Bitcoin Bitcoin

+4.12%
-Based funds were the overwhelming winners with net inflows of $1.35 billion, while short-dated Bitcoin products recorded their largest weekly net outflows since April, totaling $8.6 million. U.S. spot Bitcoin exchange-traded funds saw inflows of $1.05 billion last week alone, with total net inflows rising for the sixth straight day since their launch in January. A record $15.8 billion.

Butterfill said he believes the weakness in price due to the German government’s Bitcoin sell-off and the reversal in sentiment due to the lower-than-expected U.S. CPI have prompted investors to increase their positions.

‘Trump Pump’

Bitcoin prices have struggled in recent weeks amid concerns over the German government’s sale of seized bitcoins and the Mt. Gox payout. However, the cryptocurrency has surged in the past week, up more than 10% and up 4% over the past day, according to The Block’s Bitcoin price page, following a failed assassination attempt on former U.S. President Donald Trump, who supports bitcoin.

BTC/USD price chart. Image: The Block/TradingView.

Ethereum Ethereum

+4.41%
Butterfill also noted that last week saw $72 million in net inflows, the largest since March, likely driven by anticipation of a US spot ETF launch.

The U.S. Securities and Exchange Commission approved eight Form 19b-4 filings for spot Ethereum ETFs on May 23 from BlackRock, Fidelity, Bitwise, VanEck, Ark Invest, Invesco, Franklin Templeton, and Grayscale.

However, the issuer must have a valid S-1 registration statement before trading can begin, which will likely begin this week.

By region, US-based funds led the way with net inflows of $1.3 billion, followed by Swiss, Hong Kong, and Canada-based crypto investment products with net inflows of $58 million, $55 million, and $24 million, respectively.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information on the cryptocurrency industry. Below are the current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin analysts bet on $ 200K after hints of Fed.

August 23, 2025

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025

As you challenge the mixed technology signal, OnDo Price Hovers challenges the August Bullish predictions.

August 7, 2025
Add A Comment

Comments are closed.

Recent Posts

Bitcoin is under pressure with gold aiming to be the highest ever.

August 29, 2025

The US government posts GDP data on Bitcoin block chain.

August 28, 2025

Pudgy Penguins

August 28, 2025

The US government checks the economic data on the chain with 60% Pyth Rocket 60% Pyth Network.

August 28, 2025

GCL Subsidiary, 2Game Digital, Partners With KuCoin Pay To Accept Secure Crypto Payments In Real Time

August 28, 2025

Tether Announces Plan To Bring USD₮ To RGB, Advancing Native Stablecoins On Bitcoin And Lightning

August 28, 2025

Ether Leeum Game Football. Fun market caps increase 10 times within two weeks.

August 28, 2025

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025

7 Legit Cloud Mining Platforms For Daily Bitcoin Income In 2025

August 27, 2025

The Market May Be Heading For A Correction, And BTC Miner Guaranteed Principal And Interest Contracts Will Drive The Cloud Mining Boom.

August 27, 2025

$MBG Token Supply Reduced By 4.86M In First Buyback And Burn By MultiBank Group

August 27, 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

Bitcoin is under pressure with gold aiming to be the highest ever.

August 29, 2025

The US government posts GDP data on Bitcoin block chain.

August 28, 2025

Pudgy Penguins

August 28, 2025
Most Popular

Build real-world projects using meme-inspired strategies

October 9, 2024

Exploring the Future of Real Assets in DeFi

August 31, 2024

Academic papers suggest that governments should attack public blockchains.

October 7, 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.