Legal Notice: Nothing on the website constitutes professional and/or financial advice. All the content on the website is for informational purposes only. We have prepared all information herein from sources we believe to be accurate and reliable. However, such information is presented as is,” without warranty of any kind – whether expressed or implied. You acknowledge and agree that there are numerous risks associated with purchasing cryptocurrencies.

CDS Crypto News CoinShares Digital Asset Report: ETFs Received $1.1 Billion Inflows Last Week

Crypto News

CoinShares Digital Asset Report: ETFs Received $1.1 Billion Inflows Last Week

CoinShares digital asset report has been published.

lectertodd13/02/20241 Mins read309

Crypto News – The crypto asset manager CoinShares said in a report on Monday that the crypto investment products with the biggest inflows last week were spot Bitcoin exchange-traded funds, which were introduced in January.

CoinShares Digital Asset Report: ETFs Received $1.1 Billion Inflows Last Week

CoinShares reported that since their introduction on January 11, Bitcoin ETFs have received inflows of $1.1 billion, bringing their total value to $2.8 billion. The Block’s data indicates that this is the greatest weekly inflow level since the launch of bitcoin spot ETFs.

According to CoinShares, BlackRock and Fidelity have been leading the group with inflows of $693.6 million and $522.6 million, respectively, last week. The majority of inflows went toward Bitcoin-related goods, with Ethereum and Cardano coming in second and third.

Sources:theblock

Sperax Token Spa Surges With Strong Short-Term Technical Signals, Investors Bullish On Future Prospects 155905

Previous post Sperax Token SPA Surges with Strong Short-Term Technical Signals, Investors Bullish on Future Prospects

Bitcoin Etfs Outshine Miners: Wall Street'S Frenzy Spurs 10-Fold Inflows In Two Days 155905

Next post Bitcoin ETFs Outshine Miners: Wall Street's Frenzy Spurs 10-Fold Inflows in Two Days

Written by

lectertodd

Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

You must be logged in to post a comment.