In the period from 11 March to 15 March, investment products that use digital assets brought in $2.9 billion.
As per a report from CoinSharesCapital inflows surpassed the $2.7bn record previously established. With the latest inflows this week, year-to date inflows have reached $13.2 Billion. This surpasses 2021’s $10.6 Billion total inflows.
At the same time, trading volumes for the week amounted to $43 billion – this is a record for the previous week and more than 47% of the total global volumes of Bitcoin (BTC). After six weeks, the blockchain shares have re-flowed $19 millions for the first.
The global ETPs have crossed $100 billion in value for the very first time this week. A price correction has seen them fall to $97 billion.
Bitcoin inflows accounted for $2.86 billion in the last week. This is 97% of total year-todate bitcoin inflows. In the meantime, short Bitcoin Inflows totaled 26 million dollars for the entire year, which is the fifth consecutive week. The leading altcoins are experiencing capital outflows – Ethereum (ETH), Solana (SOLPolygon, and PolygonMATIC() lost $14 millions, $2.7 Million, and $7.8 Million, respectively.
Capital inflows to crypto-investment products from March 4, 2024 through March 8, 2020. reached A record $2.7 billion. In the last two months and more, total inflows amounted $10.3 billion. Experts noted that this amount was $10.6 billion in 2021. First cryptocurrency was a major factor in increasing volume. Bitcoins accounted for $2,6 billion.
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Source: crypto.news
