Boost

United

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/investors-boost-crypto-investment-products" data-wpel-link="internal" rel="noopener noreferrer nofollow">Investors Boost Crypto Investment Products</a><br></p>
<p style="text-align: justify">Crypto-focused investment products have attracted substantial investments for the fourth week in a row, amassing $185 million in inflows. Throughout May, total inflows reached $2 billion, and since the beginning of the year, a remarkable $15 billion has been invested. Despite a drop in weekly trading volumes from $13 billion to $8 billion, investor interest and confidence in cryptocurrencies remain robust.</p>
<h2 id="geographical-distribution-of-investments">Geographical Distribution of Investments</h2>
<p style="text-align: justify">An analysis of the geographical distribution shows that the bulk of the investments originated from the United States, with net inflows amounting to $130 million. This was countered by $260 million in outflows from ETF issuers within the market.</p>
<p style="text-align: justify">Switzerland recorded its second-largest inflow of the year, totaling $36 million, while Canada experienced a notable recovery with $25 million in inflows, reversing a net outflow of $39 million in May.</p>
<h2 id="bitcoin-and-ethereum-inflows">Bitcoin and Ethereum Inflows</h2>
<p style="text-align: justify">Bitcoin maintained its dominance with $148 million in inflows, indicating sustained positive sentiment among ETF <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a>. Conversely, short-focused Bitcoin products experienced outflows of $3.5 million, underscoring a bullish outlook on Bitcoin.</p>
<p style="text-align: justify">Ethereum also saw inflows for the second consecutive week following the SEC’s approval of a spot-based ETF set for a July 2024 launch. This marked a notable shift for Ethereum, which had previously faced $200 million in outflows over ten weeks. This positive sentiment extended to other cryptocurrencies like Solana, which saw $5.8 million in inflows last week, as well as <a href="https://en.bitcoinhaber.net/xrp-ledger-enhances-transparency-with-new-feature-and-discusses-fee-increase" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP</a>, Cardano, Chainlink, and Litecoin.</p>
<h2 id="key-takeaways-for-investors">Key Takeaways for Investors</h2>
<p style="text-align: justify">– **U.S. remains a major source of crypto investments.**<br> – **Switzerland and Canada show significant investment rebounds.**<br> – **Bitcoin continues to attract substantial inflows.**<br> – **Positive ETF <a href="https://newslinker.co" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">news</a> boosts Ethereum and related cryptos.**<br> – **Blockchain-focused stocks face ongoing outflows.**</p>
<p style="text-align: justify">Despite strong performances in direct crypto investments, blockchain-focused stocks have not mirrored this success, experiencing $7.2 million in outflows last week and $516 million for the year. This highlights a distinct difference in investor confidence between direct crypto asset investments and related stocks.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/investors-boost-crypto-investment-products" data-wpel-link="internal" rel="noopener noreferrer nofollow">Investors Boost Crypto Investment Products</a></h5>

Investors Boost Crypto Investment Products

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