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»Digital Asset Funds Surge to $441 Million Amid Market Weakness
ADOPTION NEWS

Digital Asset Funds Surge to $441 Million Amid Market Weakness

By Crypto FlexsJuly 8, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Digital Asset Funds Surge to 1 Million Amid Market Weakness
Share
Facebook Twitter LinkedIn Pinterest Email





According to CoinShares, digital asset investment products have seen significant inflows totaling $441 million as recent price weakness is perceived as a buying opportunity. The inflows, led by Bitcoin (BTC) and various altcoins, represent a notable shift in investor sentiment.

Bitcoin Dominates, Altcoins Gain Popularity

Bitcoin (BTC) led the way with $398 million inflows, accounting for 90% of the total. However, this dominance was unusual as investors also showed significant interest in a wider range of altcoins. Solana (SOL) stood out last week with $16 million inflows, taking its YTD inflows to $57 million, making it the best performing altcoin in terms of inflows. Ethereum (ETH) also saw a turnaround with $10 million inflows, but it remained the only exchange-traded product (ETP) to experience a net YTD outflow.

Regional Insights and Market Dynamics

Regionally, the US led with $384 million inflows, with other notable contributors coming from Hong Kong ($32 million), Switzerland ($24 million) and Canada ($12 million). Germany was the outlier with $23 million in outflows. The report also highlighted that ETP volumes remained relatively flat this week at $7.9 billion, reflecting the typical seasonal pattern of lower volumes during the summer months. This figure represents a 17% lower participation rate compared to the overall market on trusted exchanges.

Blockchain stocks are lagging

Despite the positive sentiment towards digital asset investment products, blockchain stocks have not shared the same fortunes, experiencing $8 million in outflows last week. This brings the YTD outflows for blockchain stocks to a significant $556 million, indicating a gap in investor confidence between digital assets and blockchain stocks.

For more information and full report, visit CoinShares.

Image source: Shutterstock



Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Secure the Treasury in the BNB chain and launch VANECK

June 6, 2025

Improve video content with VEO 3: Comprehensive guide to effective prompt

June 6, 2025

Is the trump Fuel Fuel Dogecoin in ELON Musk less than $ 0.10?

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

As the ETF rises, Bitcoin Eye Major Rally -but this can ruin the party.

June 6, 2025

Secure the Treasury in the BNB chain and launch VANECK

June 6, 2025

Use Sunny Mining Cloud Mining to earn $ 12,000 a day

June 6, 2025

Investors are the main level of support of the eyes.

June 6, 2025

Encryption Inheritance Update: April 2, 2025

June 6, 2025

Defi, not MICA II at the front line

June 6, 2025

Improve video content with VEO 3: Comprehensive guide to effective prompt

June 6, 2025

Is the trump Fuel Fuel Dogecoin in ELON Musk less than $ 0.10?

June 6, 2025

The HBAR price aims for $ 0.40 when a big decision of the SEC comes.

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

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

As the ETF rises, Bitcoin Eye Major Rally -but this can ruin the party.

June 6, 2025

Secure the Treasury in the BNB chain and launch VANECK

June 6, 2025

Use Sunny Mining Cloud Mining to earn $ 12,000 a day

June 6, 2025
Most Popular

SEC Chairman Gary Gensler Comments on X Account Hack and Security Measures

February 13, 2024

Bitcoin hit a new all-time high the following week, but Ethereum held it back.

June 7, 2024

Bitfinex Alpha | Despite recent price declines, Bitcoin has never looked stronger

May 15, 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.