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»ALTCOIN NEWS»Flood of $1.76 billion in digital assets, recording 10th consecutive week of growth – Report
ALTCOIN NEWS

Flood of $1.76 billion in digital assets, recording 10th consecutive week of growth – Report

By Crypto FlexsDecember 5, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Flood of .76 billion in digital assets, recording 10th consecutive week of growth – Report
Share
Facebook Twitter LinkedIn Pinterest Email

Visibly showing continued growth, the digital asset market has recorded cumulative inflows of $1.76 billion over the past 10 weeks, according to the latest report from CoinShares.

These sustained inflows, led by Ethereum, mark the longest streak of growth since the launch of futures-based ETFs in the United States in October 2021.

A positive trend emerges as Ethereum attracts $134 million in inflows.

Despite a 107% increase in total assets under management (AuM) this year, reaching $46.2 billion, the cryptocurrency market is still lagging its 2021 high of $86.6 billion.

The latest CoinShares report highlights that trading volume for exchange-traded products (ETPs) remained robust at $2.6 billion over the past week, accounting for 12% of total Bitcoin trading volume.

In this environment, Bitcoin was recognized as a major beneficiary. However, Ethereum, the world’s largest altcoin, has also seen a significant surge in investor interest. This week alone, Ethereum reported an impressive inflow of $134 million.

This marks the fifth consecutive week of positive inflows into Ethereum, totaling $134 million, and marks a significant shift in market sentiment. For the first time this year, Ethereum net flows turned positive at $10 million, representing a notable reversal of long-term negative sentiment.

In contrast to Ethereum’s rise, Bitcoin continued to dominate the digital asset product market, recording significant inflows totaling $133 million. In addition, short Bitcoin investment products, which experienced outflow for three consecutive weeks, showed a change in trend with an inflow of $3.6 million last week.

Other notable altcoins also saw positive movements. Solana, XRP, and Cardano recorded inflows of $4.3 million, $500,000, and $100,000, respectively, during the same period.

Interestingly, Litecoin has emerged as an exception to the current market scenario, standing out as an outlier despite the overall increase in institutional demand for cryptocurrency assets.

Geographic distribution of digital asset inflows and outflows

The global landscape of digital asset inflows is concentrated in certain regions, particularly Canada, Germany, and the United States, showing inflows of $79 million, $57 million, and $54 million respectively. These regions have played a pivotal role in driving the recent surge in digital asset investment.

In contrast, the digital asset manager’s report highlighted a contrasting trend in Hong Kong, where minor outflows of $15 million were observed.

Despite Asia’s relatively small total assets under management (AuM) and limited number of exchange-traded products (ETPs), the region has been experiencing net outflows year-to-date.

Additionally, blockchain technology-related stocks have been experiencing steady inflows for seven consecutive weeks. The most recent inflows, worth $17.4 million last week, marked the highest level since July 2022 and signal growing investor interest in blockchain-related stocks amid broader digital asset market trends.




Post navigation

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

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

The Trump-themed MAGA memecoin held a rally following his defense of cryptocurrencies.

May 9, 2024

BlackRock’s Ethereum ETF surpasses 1 million ETH. Can the price keep up?

December 24, 2024

These three cryptocurrencies could overtake ETH by 2025.

November 16, 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.