Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»BLOCKCHAIN NEWS»Last week, asset outflows from cryptocurrency funds reached $500 million.
BLOCKCHAIN NEWS

Last week, asset outflows from cryptocurrency funds reached $500 million.

By Crypto FlexsJanuary 29, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Last week, asset outflows from cryptocurrency funds reached 0 million.
Share
Facebook Twitter LinkedIn Pinterest Email

Digital asset investment products saw significant outflows totaling $500 million last week.

Analysis firm CoinShares released a report on the fund flow of cryptocurrency-based investment products from January 20 to January 26, 2024. According to available information, Grayscale Investments’ spot Bitcoin (BTC) ETF played a central role in the report. The amount of money outflow from cryptocurrency funds in one week exceeded $2.2 billion. At the same time, the total amount of assets withdrawn exceeded $5 billion.

Source: CoinShares

At the same time, financial giant BlackRock’s investment products continue to receive significant infusions, analysts say. Inflows over the past week amounted to $744 million. In second place in this indicator is Fidelity Investments’ cryptocurrency fund, which received financial investments of $643 million.

In total, spot Bitcoin ETFs saw inflows of $1.84 billion. Moreover, since its launch on January 11, 2024, the cryptocurrency fund has received $5.94 billion inflows.

At the regional level, major outflows occurred in the United States ($409 million), Switzerland ($60 million), and Germany ($32 million). Net inflows of assets were observed in Brazil alone at $10.3 million and in France at $100,000.

Analysts point out that the main movement of funds during this period was related to the original cryptocurrency due to the spot Bitcoin ETF. These assets account for $479 million in outflows. At the same time, inflows from Bitcoin short positions reached $10.6 million.

At the same time, $39 million was leaked from Ethereum (ETH)-based exchange products. Most cryptocurrency funds based on other altcoins have also lost varying amounts of money.

Last week, CoinShares analysts said capital inflows into cryptocurrency investment products totaled $21 million, with issuers facing higher fees following the launch of spot Bitcoin ETFs in the U.S. on January 10, 2024. It was revealed. Hence, there was an outflow of money from these funds. It reached $2.9 billion. $4 billion has been invested in new equipment.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Investors surpass 640,000 BTC when looking at Bitcoin Holdings with $ 22 million purchases.

September 30, 2025

Hyperliquid launches USDH Stablecoin issued by Native Markets

September 25, 2025

The new gold protocol of the BNB chain is due to the $ 2 million launch day nucleus.

September 20, 2025
Add A Comment

Comments are closed.

Recent Posts

Easily Earn $5588+ In Passive Income Every Day With PlanMining Cloud Mining

October 3, 2025

The reason why hyper clicade wins aster with Perp DEX, which can be most invested.

October 3, 2025

Psy Protocol Testnet Combines Internet Scale And Speed With Bitcoin-Level Security

October 2, 2025

Eightco Holdings Inc. ($ORBS) Expands Investor Access With Options Trading

October 2, 2025

How To Use A Bitcoin Heatmap For Smarter Trading Decisions

October 2, 2025

Pioneer the future of digital innovation throughout Web2 and Web3

October 2, 2025

Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life

October 2, 2025

Ethereum Future is an execution of stablecoins and tokenized assets -then you need to know:

October 2, 2025

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025

Korean Billion-Dollar Megafranchise Goes Onchain With Story

October 1, 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

Easily Earn $5588+ In Passive Income Every Day With PlanMining Cloud Mining

October 3, 2025

The reason why hyper clicade wins aster with Perp DEX, which can be most invested.

October 3, 2025

Psy Protocol Testnet Combines Internet Scale And Speed With Bitcoin-Level Security

October 2, 2025
Most Popular

Layer 1 Zero Knowledge Platform Takes a Leap After Sudden Coinbase Listing

September 20, 2024

Biggest dogwifhat (WIF) holders accumulate more coins while other Memecoin whales surrender: Lookonchain

June 28, 2024

Licensed platform Cryptogames shows how promotions increase player winning potential.

May 31, 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.