Ethereum

Solana

Polkadot

Chainlink

<div class="dailyhodl">
 <p>Digital assets manager CoinShares says institutional crypto products saw their biggest surge of in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> in two years.</p>
 <p>In its latest Digital Asset Fund Flows report, CoinShares&nbsp;finds&nbsp;that institutional investors are continuing to invest heavily in digital asset investment products for the ninth week in a row.</p>
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
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 <p><em>“Digital asset investment products saw in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> totaling US $34 6million last week, the largest weekly in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> in this 9 consecutive week run.”</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/2023/11/28/aaeee05df43a8fd18b6661d32bde45d1.png" alt="" width="1063" height="499">
  <figcaption id="caption-attachment-190710" class="wp-caption-text">
   Source: CoinShares
  </figcaption>
 </figure>
 <p>According to CoinShares, the in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> were likely spurred by the anticipation of the launch of a spot-based exchange-traded fund (ETF) for crypto, presumably starting with Bitcoin (BTC).</p>
 <p><em>“This run, spurred by anticipation of a spot-based ETF launch in the US, is the largest since the bull market in late-2021.”</em></p>
 <p>As usual, BTC took the king’s share of the in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> at $312 million. According to CoinShares, a high percentage of the BTC trading volumes were exchange-traded products (ETPs).</p>
 <p><em>“ETP volumes as a percentage of total spot Bitcoin volumes remain well above average, representing 18% last week, highlighting the continued increased use of ETPs to gain exposure to the asset class.”</em></p>
 <p>Altcoins also fared well last week. Ethereum (ETH) raked in $34 million in in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> last week, while ETH-rival Solana (SOL) brought in $3.5 million. Cardano (ADA), XRP, Polkadot (DOT) and Chainlink (LINK) saw $0.6 million, $0.2 million, $0.8 million and $0.6 million in in<a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a> respectively.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/institutions-expecting-etf-spark-largest-capital-inflows-to-crypto-since-late-2021-coinshares-tbt71826.html">https://thebittimes.com/institutions-expecting-etf-spark-largest-capital-inflows-to-crypto-since-late-2021-coinshares-tbt71826.html</a></p>

Institutions Expecting ETF Spark Largest Capital Inflows to Crypto Since Late 2021: CoinShares

TheBitTimes

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