Solana

Worldcoin

Million

Polygon

Chainlink

<div class="insidebitcoins">
 Inflows into crypto investment products hit a record high $2.45 billion last week with the US and Bitcoin the big winners, CoinShares said.
 That elevated the total assets under management to $67 billion, marking the highest level since December 2021, CoinShares said in a Feb. 19 report. Last week’s inflows pushed inflows for the year to date to an impressive $5.2 billion.
 The vast majority of inflows, around 99%, were directed to the US, driven by interest in spot Bitcoin ETFs (exchange-traded funds), with an equivalent percentage of inflows being invested in the very dominant Bitcoin.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 🟢 Inflows reached a record of US$2.45bn last week, leading AuM back to December 2021 levels!
 💹 AuM: US$67 billion 🗓 Year to date inflows: US$5.2 billion
 – Dynamics by region –
 🇺🇸 USA: US$2.4bn (99% of inflows) 🇩🇪 Germany: US$13m inflows 🇨🇭 Switzerland: US$1m inflows 🇸🇪… pic.twitter.com/5vLj9nB87E
 — CoinShares (@CoinSharesCo) February 19, 2024
 </blockquote>
 
 &nbsp;
 <h2 id="span-style-font-weight-400-coinshares-says-link-and-matic-stand-out-because-of-consistent-inflows-span">CoinShares Says LINK and MATIC Stand Out Because Of Consistent Inflows</h2>
 Altcoins Ethereum (ETH) and Avalanche (AVAX) saw inflows of $21 million and $1 million, respectively. Meanwhile, Chainlink (LINK) and Polygon (MATIC) each recorded inflows of $0.9 million, two altcoins that stand out because they are seeing consistent weekly inflows, CoinShares said.&nbsp;
 The recent network outage suffered by Solana seems to have impacted sentiment around SOL, causing $1.6 million in outflows. Among nations, Sweden was the biggest loser with $26 million of outflows.
 Investors in blockchain equity ETFs took profits last week, triggering outflows of $167 million. Some investors also took the opportunity to add to short-BTC positions, as bets against the leading crypto registered $5.8 million of inflows.
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 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-inflows-surged-to-record-high-2-45-billion-last-week-coinshares-says-tbt80321.html">https://thebittimes.com/crypto-inflows-surged-to-record-high-2-45-billion-last-week-coinshares-says-tbt80321.html</a>
</div>

Crypto Inflows Surged To Record High $2.45 Billion Last Week, CoinShares Says

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TheBitTimes

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