Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Digital Asset Fund Inflows Rebound with $436 Million, Bitcoin (BTC) Leading
ADOPTION NEWS

Digital Asset Fund Inflows Rebound with $436 Million, Bitcoin (BTC) Leading

By Crypto FlexsSeptember 16, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Digital Asset Fund Inflows Rebound with 6 Million, Bitcoin (BTC) Leading
Share
Facebook Twitter LinkedIn Pinterest Email

Terryl Dickey
16 Sep 2024 08:17

Digital asset investment products saw inflows of $436 million after $1.2 billion in outflows as markets anticipated a rate cut.





According to CoinShares, digital asset investment products have seen a notable rebound with $436 million inflows after a period of $1.2 billion in outflows. This rebound in investor interest is largely due to a significant change in market expectations for a 50 basis point rate cut expected on September 18.

Bitcoin (BTC) leads inflows

Bitcoin (BTC) was the biggest beneficiary, with $436 million inflows after experiencing 10 consecutive days of outflows of $1.18 billion. Short Bitcoin positions also reversed, with $8.5 million in outflows after three consecutive weeks of inflows.

Ethereum (ETH) faces ongoing challenges

Ethereum (ETH), on the other hand, continued to struggle, recording $19 million in outflows. This trend is believed to be driven by ongoing concerns about Layer 1 (L1) profitability.

Regional inflow and outflow

Regionally, the United States led the inflows with a total of $416 million. Switzerland and Germany also saw significant inflows of $27 million and $10.6 million, respectively. Canada, on the other hand, experienced a small outflow of $18 million.

Other notable exercises

Solana (SOL) has seen inflows for the fourth straight week, reaching $3.8 million. Blockchain stocks also showed positive trends, with $105 million inflows following the launch of several new ETFs in the US.

ETF trading volume was flat this week at $8 billion, significantly below the $14.2 billion average observed so far this year.

For more information, visit the CoinShares blog.

Image source: Shutterstock


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025

AI starts a cost -effective batch API for LLM request.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 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

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

Brazilian couple caught behind $400 million cryptocurrency Ponzi scheme in Argentina

March 7, 2024

Donald Trump said he would accept cryptocurrency as a campaign donation.

May 9, 2024

Bitcoin, which is sold for $ 95K, is a ‘profit pressure test’, but BTC whales are still purchased.

May 1, 2025
  • 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.