Crypto investment products saw $1.4 billion in net inflows last week: CoinShares | Headlines | News | CoinMarketCap
07/15/2024 18:55Global crypto investment products at asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares and 21Shares registered …
Global crypto investment products at asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares and 21Shares registered net inflows totaling $1.44 billion last week, according to CoinShares' latest report.
The figures represent one of the largest registered weekly net inflows, bringing year-to-date figures to a record $17.8 billion, as digital asset investment products saw further buying on price weakness, CoinShares Head of Research James Butterfill wrote. This far exceeds the $10.6 billion net inflows generated in 2021’s bull run.
However, trading volumes across crypto exchange-traded products remained significantly below the $21 billion weekly average this year, generating just $8.9 million last week — …