Crypto investment products keep attracting significant inflows as Bitcoin reaches new heights weekly, currently at $107K.
According to CoinShares’ latest weekly flows report, crypto investment products saw $3.2 billion in inflows during the December 9–13 trading week, marking the 10th consecutive week of positive investment activity.
This latest figure follows a record $3.85 billion in inflows from the previous week, bringing total inflows for 2024 to $44.5 billion. The past 10 weeks alone have accounted for $20.3 billion of this total, representing 45% of all inflows for the year.
Related: Ripple’s RLUSD Begins Trading December 17: Details
Moving on, Bitcoin investment products attracted the highest inflows last week, totaling $2 billion. Naturally, this uptrend follows the U.S. presidential election, which boosted Bitcoin product inflows to over $11.5 billion. Short Bitcoin products also saw increased activity, with $14.6 million in inflows —although total assets under management for these products remain relatively low at $130 million.
The United States contributed the most to inflows, $3.1 billion, followed by Switzerland, $35.6 million, and Germany, $33 million. Sweden was the only country to record outflows, with $19 million leaving crypto ETPs.
Among Bitcoin exchange-traded products (ETPs), BlackRock’s iShares Bitcoin Trust recorded the largest inflows of $2 billion, while Grayscale’s Bitcoin Trust —as usual— experienced outflows of $145 million.
But Ethereum (ETH) is not lagging behind as Ethereum-based ETPs also performed strongly. Data shows these ETPs registered $1 billion in inflows last week, marking the seventh consecutive week of inflows, bringing the total to $3.7 billion over this period.
Related: MicroStrategy Buys BTC At $100K, Total Holdings Reach $44B
Additionally, XRP also saw inflows of $145M, the report notes, as the XRP community hopes for a US-listed ETF. Polkadot and Litecoin saw inflows of $3.7M and $2.2M, respectively.
In the last three months of the year, trading volumes for cryptocurrencies like Bitcoin and…
The Pi Network (PI) has plummeted over 75% in the past three months, collapsing from…
Sonora, California, 30th March 2025, ZEX PR WIRE, As humor continues to shape popular culture,…
Singapore, 30th March 2025, ZEX PR WIRE, Recently, the native token UBC issued by the…
Tether is weighing a crucial entry into the U.S. domestic stablecoin market as CEO Paolo…
Ripple has joined forces with African payments firm Chipper Cash to bolster crypto-enabled cross-border payments,…