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 <p>Digital assets manager CoinShares says institutions resumed investing in crypto products last week after a five-week break.</p>
 <p>In its latest Digital Asset Fund Flows report, CoinShares&nbsp;finds&nbsp;that digital asset investment products brought in $130 million in in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> last week after four weeks of out<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a>.</p>
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 <p><em>“Digital asset investment products saw inflows for the first time in five weeks totaling $130 million.&nbsp;ETP (exchange-traded product) volumes continue to subside, though, with $8 billion for the week compared to $17 billion average in April.&nbsp;These volumes highlight ETP investors are participating less in the crypto ecosystem&nbsp;at present, representing 22% of total volumes on global trusted exchanges relative to 31% last month.”</em></p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="wp-image-190710 size-full" src="https://cdn.thebittimes.com/images/2024/05/14/914da7d195dd03761706d2d619443a43.png" alt="" width="1063" height="499">
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   Source: CoinShares
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 <p>Regionally, the US led in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> with $135 million. While Switzerland and Hong Kong also saw crypto ETP in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> of $14 million and $19 million, Canada and Germany saw out<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> of $20 million and $15 million.</p>
 <p><em>“Hong Kong, after a prior week of record in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a>, saw just US $19 million in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a>, suggesting the majority of the first-week post-Bitcoin ETF launches were seed capital.”</em></p>
 <p>Bitcoin (BTC) ETPs, per usual,&nbsp;led crypto products with $144 million in in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a>.&nbsp;Solana (SOL), Polkadot (DOT), XRP and Litecoin (LTC) also enjoyed in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> of $5.9 million, $1.2 million, $0.6 million and $0.1 million, respectively, Ethereum (ETH) products suffered $14.4 million in out<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a>.</p>
 <p><em>“Low interaction by the US regulators with ETF (exchange-traded fund) issuer applications for a spot Ethereum ETF have increased speculation that the ETF approval is not imminent, this&nbsp;has been reflected in out<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> which totaled $14 million last week.”</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-etps-see-first-institutional-inflows-in-five-weeks-with-130-000-000-hitting-markets-coinshares-tbt88218.html">https://thebittimes.com/crypto-etps-see-first-institutional-inflows-in-five-weeks-with-130-000-000-hitting-markets-coinshares-tbt88218.html</a></p>

Crypto ETPs See First Institutional Inflows in Five Weeks, With $130,000,000 Hitting Markets: CoinShares

TheBitTimes

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