The 7-Week Money Flow in Bitcoin and Crypto Investment Products Reaches $1 Billion!

ETH

ETH/USDT

$1,774.46
-4.46%
24h Volume

$26,000,720,399.54

24h H/L

$1,859.75 / $1,717.28

Change: $142.47 (8.30%)

Long/Short
77.8%
Long: 77.8%Short: 22.2%
Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,771.23

-2.31%

Volume (24h): -

Resistance Levels
Resistance 3$2,002.87
Resistance 2$1,875.08
Resistance 1$1,824.45
Price$1,771.23
Support 1$1,769.65
Support 2$1,717.80
Support 3$1,666.45
Pivot (PP):$1,769.67
Trend:Downtrend
RSI (14):18.3
(11:45 AM UTC)
2 min read

Contents

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  • Digital asset investment products saw inflows totaling $293 million last week, pushing this 7-week influx series beyond $1 billion.
  • The total Assets under Management (AuM) are currently at their highest level since the major crypto fund failures in May 2022, standing at $44.3 billion.
  • Bitcoin witnessed inflows of $240 million last week, bringing its year-to-date inflows to $1.08 billion.

Capital inflows in digital asset investment products continued strongly last week: 7-week flow reached $1 billion!

Money Flow in Bitcoin and Crypto Investment Products

cryptocurrency

Digital asset investment products saw inflows totaling $293 million last week, pushing this 7-week influx series beyond $1 billion, and year-to-date inflows reached $1.14 billion, marking the third-highest annual influx recorded.

As a result of these inflows and recent price increases, the total Assets under Management (AuM) increased by 9.6% last week, reaching a 99% increase since the beginning of the year. The total AuM is currently at $44.3 billion, the highest level since the major crypto fund failures in May 2022.

Bitcoin Exchange-Traded Product (ETP) trading volume represented 19.5% of the total Bitcoin trading volume on reliable exchanges. This is a rare occurrence, indicating that ETP investors are much more involved in this rally compared to the 2020/21 period.

Bitcoin saw inflows of $240 million last week, bringing its year-to-date inflows to $1.08 billion. Meanwhile, short Bitcoin positions saw outflows of $7 million, indicating the continued positive sentiment.

Crypto-Asset-Flows
Crypto Asset Flows

Ethereum and Other Altcoins

Ethereum witnessed its largest inflow since August 2022, totaling $49 million. The last two weeks signaled a significant turnaround in sensitivity, likely associated with the recent spot-based ETF listing demand in the United States. Additionally, Solana saw inflows totaling $12 million.

Blockchain equity ETFs brought the flows since July 2022 to $14 million, bringing year-to-date flows to $11 million.

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David Kim

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