Crypto fund inflows continue: Volume jumped 55% in a week

Digital asset and cryptocurrency funds received a net $2 billion last week. For the 5th week in a row, the inflows continued and the investment in this time period amounted to $3.4 billion. Compared to the previous week, ETF/ETP volume increased by 55% to more than $12.8 billion.

Crypto fund inflows continue: Volume jumped 55% in a week

Crypto investment products closed last week with a plus of $2 billion. Bitcoin funds again received the most investment, while the figure was a net $1.97 billion. While Ethereum funds saw an input of $68.9 million, investments in altcoin funds also came.

There was a net investment of 700 thousand dollars in Solana, Litecoin, Chainlink funds and $1.2 million in XRP funds. The $1.4 million inflow in Fantom also attracted attention.

US and BlackRock at the top again

Funds saw net inflows for the 5th week in a row, with investments totaling $3.4 billion over this period. Weekly volume was also up 55% from the previous week to more than $12.8 billion. BlackRock’s iShares Bitcoin fund received the most investments with $948 million. In second place was Fidelity with $680 million. US funds received the most investments by country with $1.9 billion. The closest country to the US was Hong Kong with $26 million.

Short Bitcoin funds saw outflows of $5.3 million, the third consecutive week of outflows in these funds.

Grayscale, which has seen a net outflow of $17 billion since the beginning of the year, has also maintained its leadership in this sense, with the total value of its funds totaling $31.8 billion.

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