Ethereum

Bitcoin ETF

April

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/crypto-asset-investment-products-see-new-inflows/" data-wpel-link="internal">Crypto Asset Investment Products See New Inflows</a><br></p>
<p class="p2" style="text-align: justify">Crypto asset <a href="https://finance.coin-turk.com/" data-wpel-link="external" target="_blank" rel="nofollow noreferrer">investment</a> products have seen inflows totaling $130 million over five weeks for the first time. Regionally, the majority of these inflows, amounting to $135 million, were seen in the USA, and Grayscale experienced its lowest weekly outflows since January. The low interaction of US regulators with the issuers’ applications for a spot <a href="https://en.coin-turk.com/ethereums-milestone-a-reflection-of-vitalik-buterins-vision-and-supply-policy-evolution/" data-wpel-link="internal">Ethereum</a> ETF has increased speculation that an ETF approval is not imminent; this was reflected in total outflows reaching $14 million last week.</p> 
<h2 class="p2" style="text-align: justify" id="what-s-happening-in-the-crypto-space">What’s Happening in the Crypto Space?</h2> 
<p class="p2" style="text-align: justify">Crypto asset investment products have seen inflows for the first time in five weeks, totaling $130 million, while ETP volumes continue to decline; while the average inflow in April was $17 billion, it dropped to $8 billion weekly. These volumes highlight that ETP <a href="https://finance.coin-turk.com/" data-wpel-link="external" target="_blank" rel="nofollow noreferrer">investors</a> are currently participating less in the crypto ecosystem, representing 22% of the total volume on global trusted exchanges compared to 31% last month.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-350802 size-full" src="https://coin-turk.com/wp-content/uploads/2024/05/coinshares.webp" alt="" width="1400" height="1408"></p> 
<p class="p2" style="text-align: justify">Regionally, the majority of the inflows in the USA totaled $135 million, while Grayscale saw its lowest weekly outflows since January, totaling $171 million. Switzerland saw inflows of $14 million. Following record inflows last week, Hong Kong saw only $19 million in inflows this week; this shows that the majority of the inflows in the first week following Bitcoin ETF launches were core capital. Canada and Germany continued to see outflows of $20 million and $15 million respectively; total outflows since the beginning of the year have now reached $660 million.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-350803 size-full" src="https://coin-turk.com/wp-content/uploads/2024/05/flow-scaled.webp" alt="" width="1278" height="2560"></p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/crypto-asset-investment-products-see-new-inflows/" data-wpel-link="internal">Crypto Asset Investment Products See New Inflows</a></h5>

Crypto Asset Investment Products See New Inflows

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