Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Volume 175: Digital Asset Fund Flows Weekly Report

Volume 175: Digital Asset Fund Flows Weekly Report

CointimeCointime2024/03/25 15:07
By:Cointime

From CoinShares Research Blog by James Butterfill

Hesitancy amongst investors led to record net outflows of US$942m

Volume 175: Digital Asset Fund Flows Weekly Report image 0
  • Digital asset investment products saw record weekly outflows totalling US$942m, the first outflow following a record 7-week run of inflows totalling US$12.3bn.
  • New ETF issuers in the US saw US$1.1bn inflows, partially offsetting incumbent Grayscale’s significant US$2bn outflows last week.
  • The rest of the altcoin space fared well, seeing a net inflows of US$16m, most notable were Polkadot (US$5m), Avalanche (US$2.9m) and Litecoin (US$2m)..
Volume 175: Digital Asset Fund Flows Weekly Report image 1

Digital asset investment products saw record weekly outflows totalling US$942m, the first outflow following a record 7-week run of inflows totalling US$12.3bn. Trading volumes in ETPs, while high at US$28bn for the week, were 2/3rds that of the prior week. The recent price correction wiped US$10bn off total assets under management (AuM) but remain above prior cycle highs at US$88bn.

We believe the recent price correction led to hesitancy from investors, leading to much lower inflows into new ETF issuers in the US, which saw US$1.1bn inflows, partially offsetting incumbent Grayscale’s significant US$2bn outflows last week.

Poor sentiment was not just focussed on the US, with Sweden, Switzerland, Hong Kong and Germany seeing outflows of US$37m, US$25m, US$35m and US$4m respectively. However, Brazil and Canada both saw inflows totalling US$9m and US$8.4m respectively.

96% of the flows were Bitcoin, which saw US$904m outflows, while short-bitcoin also saw minor outflows totalling US$3.7m.

Ethereum, Solana and Cardano also suffered, seeing US$34m, US$5.6m and US$3.7m respectively. The rest of the altcoin space fared well, seeing a net inflows of US$16m, most notable were Polkadot (US$5m), Avalanche (US$2.9m) and Litecoin (US$2m).

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Dalio interprets "When Will the Bubble Burst": Stock Market Bubble + Huge Wealth Gap = Enormous Danger

Dalio stated that the US stock market is currently in a bubble. A bubble does not burst simply because valuations are too high; historically, what truly triggers a crash is a liquidity crisis.

ForesightNews2025/11/21 09:16
Dalio interprets "When Will the Bubble Burst": Stock Market Bubble + Huge Wealth Gap = Enormous Danger

How does the leading player in perpetual DEX view the future trend of HYPE?

If you believe that the trading volume of perpetual DEXs will continue to grow, then HYPE is one of the purest and most leveraged ways to capitalize on this trend.

BlockBeats2025/11/21 08:33
How does the leading player in perpetual DEX view the future trend of HYPE?