The post Digital asset investment products have record weekly inflows of $3.13B and over $37B YTD appeared on BitcoinEthereumNews.com.

CoinShares’ report on crypto inflows showed that digital asset flows hit a weekly inflows record of $3.13B, a 42.27% increase from last week’s $2.2B. The data revealed that digital asset monthly inflows stood at $7.6B, while the total year-to-date inflows were approximately $37B. The data also showed that Bitcoin was lightyears ahead of other cryptocurrencies, with weekly inflows of over $3B, monthly inflows of over $6.6B, and YTD inflows of over $34.35B, with over 128B in assets under management (AUM). Ethereum was a distant second, with weekly inflows of $2.8M, although it was outpaced by Solana and XRP, which recorded weekly inflows of $16.2M and $15.2M, respectively. However, the report showed that Ethereum managed to stay ahead of both altcoins in monthly and YTD inflows as well as in AUM. On the other hand, multi-asset investment products saw its second consecutive week of outflows totaling $10.5 million. U.S. ETFs record the highest inflows Bitcoin ETFs hit new record with over $3.1B in weekly inflows CoinShares data showed that spot Bitcoin ETFs recorded $3.12 billion in inflows from Nov. 18–22. #Norque #NOQ #Bitcoin #ETH #AI #Blockchain — NORQUE-NOQ (@NorqueNoq) November 25, 2024 According to the CoinShares report, iShares weekly flows driven primarily by Bitcoin amounted to $2.13 billion, while monthly flows were at $5.66 billion. iShares YTD inflows stood at $33.17 billion, representing nearly 89.65% of the total YTD as per the report’s data. Fidelity ETF also performed comparatively well, with weekly flows of $773 million, bringing its YTD inflows to $11.55 billion and its AUM to over $50.9 billion. Grayscale’s performance was the worst despite having the second-highest AUM at $29.49 billion, per the report. Grayscale recorded negative net flows with about $155 million in weekly outflows. More investors continued to withdraw their investments as Grayscale recorded monthly outflows of over…

---

Filed under: News - @ November 26, 2024 6:29 am