Crypto ETPs end 5-week slide with $644m inflows
Digital Asset Investment Products ended a five -week outing sequence after reporting more than $ 644 million on entries last week.
Coinshares, the main investment company in Europe Digital Assets, explains Bitcoin (BTC) led this flip while the cryptography market has witnessed renewed optimism.
According to a weekly report Coinshares published on March 24, the market of funds negotiated in exchange for crypto scored more than $ 644 million at weekly entries, ending a series of five weeks outings. This report aligns with the prospects of the market for negotiated funds in the United States, which has experienced a new dose of demand from investors as Bitcoin is higher.
Sosovalo data shows The American FNB market has seen Bitcoin Spot ETF Recording six days of consecutive negotiations for entries between March 14 and March 21, 2025. Friday last week, only the GRAYCALE GBTC saw outings, while BlackRock recorded nearly $ 105 million in net entries.
Commenting on the change of feeling, James Butterfill, research manager in Coinshares, said:
“The total assets under management increased by 6.3% compared to their low point on March 10. In particular, every day last week recorded entries, following a consecutive consecutive series of outings – indicating a decisive change in feeling towards the asset class. ”
Coinshares Report, which covers the global performance of ETPs issued by the main suppliers, notes digital digital asset investment products bled more than $ 6.4 billion in five weeks. It included 17 consecutive days of investment products outlets related to Bitcoin, Ethereum (Ethn), XRP (Xrp) and Solana (GROUND) Among other cryptocurrencies.
However, while Bitcoin recovered momentum upwards to go from less than $ 80,000 last week, the sector rebounded. Overall, the feeling has seen institutional investors dump more than $ 724 million into Bitcoin products. The five weeks of consecutive outings had seen the investors draw more than $ 5.4 billion in investment products related to Bitcoin.
XRP and Solana Investment Products experienced modest entries of $ 6.7 million and $ 6.4 million respectively.
Meanwhile, Ethereum, who had trouble downward pressure almost $ 2,000Recorded outings of $ 86 million. Short Bitcoin investment products have also experienced $ 7.1 million in outings, with a week of third consequence of these movements suggesting a bullish reversal.
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