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<p class="is-style-lead">Coinshares analysts published their following weekly report on financial flows in crypto products, according to which the influx of capital has resumed.</p> 
<p>According to a report published by the Head of Research at Coinshares, last week from Dec. 18 to 24, the inflow into crypto products amounted to $103 million.</p> 
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   <p lang="en" dir="ltr">US$103m inflows in digital assets last week, no report on Monday. Merry Christmas! <a href="https://t.co/xAVzCrPPkQ" target="_blank">pic.twitter.com/xAVzCrPPkQ</a></p>— James Butterfill (@jbutterfill) <a href="https://twitter.com/jbutterfill/status/1738626002530467924?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 23, 2023</a>
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<p>In geographical terms, the leaders in investment were Germany, Canada, and the USA, where the influx of money amounted to $41.6 million, $25.8 million, and $20.4 million, respectively.</p> 
<p>As before, a significant capital inflow came from Bitcoin (<a href="https://crypto.news/price/bitcoin/">BTC</a>), amounting to $87.6 million. Analysts also observed minor inflows into short BTC for $0.4 million. The leader among altcoins was Ethereum (<a href="https://crypto.news/price/Ethereum/">ETH</a>), with an influx of $7.9 million.</p> 
<p>Notably, analysts <a href="https://crypto.news/crypto-investment-products-saw-outflows-ending-an-11-week-run-of-inflows/">recorded</a> a minor outflow of $16 million from cryptocurrency investment products last week. The negative dynamics can be explained by profit-taking rather than a change in sentiment, according to CoinShares. </p> 
<p>Trading activity on the crypto market remained above the annual average, ending the week at $3.6 billion. The worst performers were products focused on Bitcoin. Of these, $33 million were withdrawn. The outflow from short positions on BTC amounted to $0.3 million.</p> 
<p> Read more: <a href="https://crypto.news/small-btc-investments-boost-returns-and-diversify-portfolios-says-coinshares/"> Small BTC investments boost returns and diversify portfolios, says CoinShares </a> </p>

Inflows into crypto resumed with $103m over the last week

crypto.news

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