Bitcoin

Ethereum

<p><em><strong>Bitcoin attracted the highest weekly inflows of almost $570 million, surpassing other major cryptocurrencies like Ethereum (ETH) and Ripple (XRP). ETH recorded minor inflows of $16.8 million, while XRP saw even lower inflows at $1.1 million.</strong></em></p><h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><p>According to CoinShares’ recent<strong><a href="https://blog.coinshares.com/volume-171-digital-asset-fund-flows-weekly-report-0bc3a2259018" rel="noopener noreferrer nofollow"> report</a></strong>, investment in digital products experienced a significant increase in inflows during the past week.</p><h3 id="significant-inflows-in-digital-investment-products">Significant Inflows in Digital Investment Products</h3><p>CoinShares’ latest report highlights a remarkable trend in the investment landscape, with digital asset products witnessing substantial inflows for the fourth consecutive week. During the past week alone, these <a href="https://cryptosheadlines.com/gemini-commits-24-million-investment-in-india-amid-regulatory-hurdles/" rel="noopener noreferrer nofollow">investment products attracted a total inflow of $598 million</a>, indicating sustained investor interest.</p><p>The report also reveals that the cumulative inflows into digital investment products since the beginning of the year have surpassed an <a href="https://cryptosheadlines.com/xrpl-achieves-impressive-milestone-in-its-long-history/" rel="noopener noreferrer nofollow">impressive milestone</a>, reaching over $5.7 billion. Notably, this year-to-date figure accounts for 55% of the total inflow recorded throughout the entire fiscal year of 2021.</p><p>With the addition of $598 million in inflows, the total assets under management (AUM) across various digital investment products have surged to approximately $67.47 billion. This significant growth underscores the growing prominence of digital assets in the investment landscape.</p><h3 id="bitcoin-dominates-inflows-ethereum-trails-behind">Bitcoin Dominates Inflows, Ethereum Trails Behind</h3><p>Out of the $598 million inflows into digital investment products last week, Bitcoin (BTC) attracted the lion’s share, totaling approximately $570 million. This surge <a href="https://cryptosheadlines.com/standard-chartered-spot-bitcoin-etfs-may-drive-100b-inflows-propel-btc-to-200k-by-2025/" rel="noopener noreferrer nofollow">propelled Bitcoin’s year-to-date inflows</a> to an impressive $5.6 billion, with its total assets under management (AUM) reaching $49.56 billion.</p><h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><p>Bitcoin’s sustained dominance in attracting significant inflows can be attributed to the approval of multiple Bitcoin spot exchange-traded funds (ETFs) in the United States. These regulatory developments have played a pivotal role in attracting investments from traditional finance (TradFi) investors to the <a href="https://cryptosheadlines.com/a-leading-cryptocurrency-exchange-is-currently-being-investigated-posing-a-potential-challenge-for-the-crypto-market/" rel="noopener noreferrer nofollow">leading cryptocurrency</a>.</p><p><a href="https://cryptosheadlines.com/arbitrum-drops-below-2-recovery-timelines-analyzed/" rel="noopener noreferrer nofollow">Also Read:   Arbitrum Drops Below $2; Recovery Timelines Analyzed</a></p><p>In contrast, Ethereum (ETH) saw comparatively lower inflows, with its weekly inflow reaching just $16.8 million. Additionally, Cardano (ADA) and XRP witnessed modest inflows of $400,000 and $1.1 million, respectively.</p><p>However, Solana (SOL) experienced an <a href="https://cryptosheadlines.com/multichain-suspends-operations-following-122-million-outflows-from-fantom-bridge/" rel="noopener noreferrer nofollow">outflow of $3 million</a> during the same period. This outflow could potentially be linked to a shift in investor sentiment following <a href="https://cryptosheadlines.com/solana-surges-after-providing-update-on-recent-outage/" rel="noopener noreferrer nofollow">Solana’s recent network outage</a>, which raised concerns among investors about the network’s reliability and stability.</p><h3 id="global-trends-in-crypto-investment-flows">Global Trends in Crypto Investment Flows</h3><p>The United States emerged as the leader in crypto investment inflows, reporting a substantial $610 million influx. However, this figure was notably impacted by crypto <a href="https://cryptosheadlines.com/hong-kong-asset-manager-metalpha-receives-5m-from-bitmain-for-grayscale-fund/" rel="noopener noreferrer nofollow">asset manager Grayscale</a>, which experienced outflows totaling $436 million over the past week.</p><p>Brazil, Switzerland, and Australia witnessed minor weekly inflows of $8.2 million, $2.1 million, and $1.5 million, respectively. These regions demonstrate a growing interest in cryptocurrency investment despite varying levels of inflows.</p><p>In contrast to the influx of funds into digital investment products, blockchain equities saw $81 million in outflows last week according to CoinShares’ data. This suggests a cautious approach among equity investors, possibly influenced by regulatory uncertainties and heightened market volatility.</p><p>As of the <a href="https://cryptosheadlines.com/glassnode-warns-btcs-critical-level-announced-in-latest-data/" rel="noopener noreferrer nofollow">latest data</a>, the global cryptocurrency market cap has exceeded $2 trillion, marking a 0.59% increase over the past day. This milestone underscores the continued growth and resilience of the <a href="https://cryptosheadlines.com/us-fed-chair-signals-two-additional-rate-hikes-as-cryptocurrency-market-experiences-volatility/" rel="noopener noreferrer nofollow">cryptocurrency market</a> despite fluctuations in investment flows and market conditions.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Bitcoin Tops Weekly Crypto Investment Inflows: BTC- ETH- XRP

Table of Contents

CryptosHeadlines.com

Other articles published on Feb 26, 2024

Ethereum Achieves Highest Value in 22 Months: What’s Next for ETH?

How to Buy sUSD Coin?

Pushd (PUSHD) Emerges as a Disruptive Force: Investors Eyeing Opportunities Amidst Litecoin (LTC)...

Uniswap: If this prediction comes true, UNI’s price will fall below $10

Ethereum Experiences Significant Price Volatility in Uncertain Crypto Markets

Sei (SEI) Develops a New EIP To Unify NFTs, Cronos (CRO), and KangaMoon (KANG) Gain Worldwide Att...

Join our free newsletter for daily crypto updates!