Ethereum

Solana

United

Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-drive-significant-inflows-into-crypto-investment-products/" data-wpel-link="internal">Investors Drive Significant Inflows into Crypto Investment Products</a><br></p>
<p style="text-align: justify">CoinShares’ latest <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data shows</a> a significant inflow of $441 million into crypto-focused investment products, despite recent price drops triggered by factors such as Mt. Gox transactions and the German government’s selling pressure. Interestingly, <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> perceived these price drops as buying opportunities rather than causes for concern.</p> 
<h2 style="text-align: justify" id="bitcoin-led-the-inflows">Bitcoin Led the Inflows</h2> 
<p style="text-align: justify">Bitcoin, a major player in this market, received $398 million of these inflows. However, Bitcoin constituting only 90% of the total inflows suggests that investors are diversifying their portfolios into a broader range of cryptocurrencies, commonly referred to as altcoins. This trend indicates increased confidence in altcoins beyond Bitcoin.</p> 
<p style="text-align: justify">Geographically, the United States emerged as the primary target for these investments, attracting $384 million. Meanwhile, other regions such as Hong Kong, Switzerland, and Canada saw opportunistic investments of $32 million, $24 million, and $12 million, respectively. Germany stood out with an outflow of $23 million during this period, indicating mixed sentiment among investors in different regions.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-368762 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/coinshares.webp" alt="" width="828" height="1658"></p> 
<p style="text-align: justify">In the Exchange Traded Products (ETPs) sector, trading volumes remained relatively subdued at $7.9 billion throughout the week, consistent with seasonal patterns of reduced trading activity during the summer months. This represents a 17% decline in participation compared to the highest market activity observed on reliable exchanges.</p> 
<h2 style="text-align: justify" id="inflows-into-solana-and-ethereum">Inflows into Solana and Ethereum</h2> 
<p style="text-align: justify">Among altcoins, <a href="https://en.coin-turk.com/analyst-predicts-solana-could-triple-to-750/" data-wpel-link="internal">Solana</a> stood out with an impressive performance, attracting $16 million in inflows over the week, contributing to a total of $57 million year-to-date. Ethereum also saw a shift in sentiment with $10 million in inflows, although it remains the only major crypto investment product with net outflows year-to-date.</p> 
<p style="text-align: justify">In contrast, blockchain-focused stocks did not reflect the positive sentiment observed in cryptocurrencies, recording an outflow of $8 million over the week. This highlights a divergence in investor confidence between traditional blockchain-focused stocks and crypto-focused investment products, adding to a total outflow of $556 million to date.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/investors-drive-significant-inflows-into-crypto-investment-products/" data-wpel-link="internal">Investors Drive Significant Inflows into Crypto Investment Products</a></h5>

Investors Drive Significant Inflows into Crypto Investment Products

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Ďalšie články zverejnené 8. 7. 2024

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