Ethereum

Cardano

Bitcoin

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
A new weekly report has come out from&nbsp;<a href="https://blog.coinshares.com/volume-203-digital-asset-fund-flows-weekly-report-a6be2c3600de" rel="noopener noreferrer nofollow">CoinShares</a> on the movement of funds in the crypto-focused exchange traded products (ETPs) market. One of the main highlights of the latest research was the performance of Cardano ETPs, as investors using these financial vehicles for crypto investments poured 300% more money into them over the past seven days than the week before.
As a result, $300,000 was added to ETPs focused on the ADA token. Since the beginning of the year,&nbsp;<a href="https://u.today/90-cardano-ada-price-drop-predicted-by-max-kaiser-details" rel="noopener noreferrer nofollow">Cardano</a> has seen $13 million in inflows, and its ETP providers have a total of $49 million in assets under management.&nbsp;
By these parameters, Cardano is the last on the list of cryptocurrencies that have their own ETP at the end of the list, but at least it has them. <img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="a9cc74b7-6181-4efb-b65a-fced9485b791" src="https://u.today/sites/default/files/inline-images/coinshares_1.png">Source: <a href="https://blog.coinshares.com/volume-203-digital-asset-fund-flows-weekly-report-a6be2c3600de" rel="noopener noreferrer nofollow">CoinShares</a>
<h2 dir="ltr" id="xrp-shines-green-bitcoin-and-ethereum-go-red">XRP shines green, Bitcoin and Ethereum go red</h2>
Another highlight may be the new round of inflows into XRP ETPs for the new consecutive month, as the seventh largest cryptocurrency continues to attract the attention of investors worldwide in direct and indirect ways like exchange-traded products.
This week's inflows into XRP ETPs totaled just $300,000, but since the beginning of the year, the figure is now $24 million, with $86 million in assets under management, which is significant.&nbsp;
Adding to the positive sentiment is the fact that Cardano and&nbsp;<a href="https://u.today/3-xrp-price-levels-to-watch-as-it-aims-for-05" rel="noopener noreferrer nofollow">XRP</a> saw inflows into their investment products amid massive outflows in those of&nbsp;<a href="https://u.today/satoshi-nakamotos-identity-should-never-be-revealed-anthony-pompliano-hints" rel="noopener noreferrer nofollow">Bitcoin</a> and Ethereum. The overall weekly result for the market of crypto ETPs is still dictated by these two biggest cryptocurrencies, and by the end of the week it was $147 million of net outflows.

Cardano Rockets 300% in Fund Flows, XRP in Green Too

Table of Contents

U_Today

Other articles published on Oct 7, 2024

US Crypto ETFs Surge with $350M in New Inflows

Japanese Investment Firm Metaplanet Continues Bitcoin Purchases! Here’s the Latest Acquisition

Bitcoin shorts liquidation

Nimiq Kicks Off Its Long-Awaited Migration to PoS with 200 Million In Rewards

FTX Hearing Set for October 7: Key Details on the Payout Process

How to Pay Bills with Bitcoin (BTC) Using Zypto

Join our free newsletter for daily crypto updates!