{"id":4416,"date":"2024-02-13T09:45:29","date_gmt":"2024-02-13T09:45:29","guid":{"rendered":"https:\/\/stoneblock.hr\/?p=4416"},"modified":"2024-02-13T09:45:29","modified_gmt":"2024-02-13T09:45:29","slug":"bitcoin-dominates-digital-asset-investment-products-with-98-of-1-1-billion-inflows","status":"publish","type":"post","link":"https:\/\/stoneblock.hr\/hr\/bitcoin-dominates-digital-asset-investment-products-with-98-of-1-1-billion-inflows\/","title":{"rendered":"BITCOIN DOMINATES DIGITAL ASSET INVESTMENT PRODUCTS WITH 98% OF $1.1 BILLION INFLOWS\u00a0"},"content":{"rendered":"<p>CoinShares reported that the momentum in investments toward new issuers remains strong, with total inflows reaching $1.1 billion. Investments in digital assets surged by $1.1 billion, bringing the year-to-date total to $2.7 billion.<\/p>\n\n\n\n<p>Following the recent market recovery and subsequent price increases, the total assets under management (AuM) have soared to their highest level since early 2022, reaching $59 billion. According to the latest edition of Coinshares&#8217; Digital Asset Fund Flows Weekly Report, Bitcoin dominated with nearly 98% of the inflows over the past week, attracting $1.09 billion.<\/p>\n\n\n\n<p>The report also revealed that Ethereum and Cardano experienced positive weekly inflows, attracting $16 million and $6 million, respectively.<\/p>\n\n\n\n<p>Minor inflows were observed in Avalanche, Polygon, and Tron, which accumulated $0.5 million, $0.4 million, and $0.4 million, respectively.<\/p>\n\n\n\n<p>However, digital asset products focused on Solana only attracted $0.1 million, while XRP settled at $0.3 million during the same period. Uniswap and Short-Bitcoin experienced minor outflows, totaling $0.5 million and $0.4 million, respectively.<\/p>\n\n\n\n<p>While blockchain equities overall saw outflows, this was mainly due to one issuer experiencing $67 million in outflows, while all others collectively received inflows totaling $19 million.<\/p>\n\n\n\n<p>Regionally, the focus remained primarily on newly issued spot-based Bitcoin ETFs in the United States, which received a net inflow of $1.1 billion last week, reaching $2.8 billion since their launch on January 11th.<\/p>\n\n\n\n<p>Outflows from existing investments have slowed down, but the potential sale of Genesis holdings worth $1.6 billion could lead to further outflows in the coming months, the asset manager speculated.<\/p>\n\n\n\n<p>Outflows from other regions have decreased, with minor outflows from Canada and Germany totaling $17 million and $10 million, respectively. However, Switzerland saw inflows of $35 million last week.<\/p>","protected":false},"excerpt":{"rendered":"<p>CoinShares reported that the momentum in investments toward new issuers remains strong, with total inflows reaching $1.1 billion.<\/p>","protected":false},"author":1,"featured_media":4417,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[50,32],"class_list":["post-4416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-crypto"],"_links":{"self":[{"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/posts\/4416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/comments?post=4416"}],"version-history":[{"count":1,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/posts\/4416\/revisions"}],"predecessor-version":[{"id":4418,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/posts\/4416\/revisions\/4418"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/media\/4417"}],"wp:attachment":[{"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/media?parent=4416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/categories?post=4416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/tags?post=4416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}