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Crypto ETFs See Record-breaking $2.45 Billion Inflows in One Week

Published 20/02/2024, 20:46
Updated 20/02/2024, 21:15
Crypto ETFs See Record-breaking $2.45 Billion Inflows in One Week

Coin Edition -

  • CoinShares reveals record $2.45 billion inflows into crypto ETFs in one week.
  • The figure effectively restored the crypto ETF AuM to December 2021 levels.
  • Bitcoin dominates with a $2.4 billion influx, followed by Ethereum’s $21 million.

CoinShares, a prominent European investment firm specializing in digital assets, has highlighted the global trend in crypto-based investments, with the recently listed U.S. Bitcoin ETFs capturing the spotlight.

In a recent update on X, CoinShares disclosed that inflows into crypto exchange-traded funds (ETFs) reached a record of $2.45 billion last week. The company further stated that this substantial influx has propelled the asset under management (AuM) back to levels last seen in December 2021.

Specifically, the report revealed that the AuM of all crypto ETFs now stands at $67 billion, with a year-to-date inflow reaching $5.2 billion.

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