Bitcoin ETF

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<ul class="news-points"> 
 <li>CoinShares has published its updated report on digital asset investments.</li> 
 <li>Outflows from investment products in Germany and Canada continued.</li> 
 <li>Spot Bitcoin ETFs contributed to further momentum in inflows.</li> 
</ul> 
More than $1 billion flowed into the digital asset investment products, recording a substantial gain last week. Digital asset investment products received more than $1.1 billion in inflows last week, according to CoinShares’ latest <a href="https://blog.coinshares.com/volume-169-digital-asset-fund-flows-weekly-report-d8911da6dbe0" target="_blank" rel="nofollow">report</a>. 
The increase in inflows coincides with the launch of <a href="https://coinedition.com/bitcoin-etfs-explained-everything-you-need-to-know/" target="_blank" rel="noreferrer noopener">spot Bitcoin ETFs</a> in the United States, grabbing attention. Notably, Grayscale reported a weekly loss of $414 million despite this huge outflow. On the other hand, <a href="https://coinedition.com/blackrock-and-other-etfs-are-catching-up-with-grayscale-research-analyst/" target="_blank" rel="noreferrer noopener">BlackRock’s Bitcoin ETF</a> stands out, with inflows exceeding $693 million. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/5Dhw9aTursoTyiEATFrIL44WDxYcVgnbOSfDgiNNsMQ8CiUvGycbLPTDtpAvM-enNKjBPTE3HJcS00tYmOMYZPR1n2_OUcy9NwQeN_HyFwiQ7A8hGGQRhY0QBCfT8ybXO2-HGUENfMhUNTxGJrKaEEY" alt="">
 <figcaption class="wp-element-caption">
 Source: CoinShares
 </figcaption>
</figure> 
Spot Bitcoin ETFs launched on January 11th caused inflows as high as $2.8 billion. Last week, however, there was a slowed pace of outflows from Grayscale, despite ongoing outflows from Grayscale. Nonetheless, CoinShares commented that potential Genesis assets worth $1.6 billion being put up for sale could lead to even more outflows in the coming months. 
The post <a href="https://coinedition.com/bitcoin-and-altcoin-investment-products-seen-huge-inflows-report/">Bitcoin and Altcoin Investment Products Seen Huge Inflows: Report</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin and Altcoin Investment Products Seen Huge Inflows: Report

Coin Edition

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