ETH represented 80% of last week's institutional crypto inflows

ETH represented 80% of last week's institutional crypto inflows

Institutions were aggressively accumulating ETH in the lead up to the launch of CME futures, with Ether products representing 80% of last week’s institutional crypto inflows. Crypto asset manager CoinShares has reported that investment inflows into institutional cryptocurrency funds surged last week, and the majority of it was Ethereum.The report states that of the $245 million crypto inflow last week, 80% of it or $195 million was invested into Ether products ahead of the launch of the Chicago Mercantile Exchange Ethereum futures contracts on Feb. 8.Comparatively, Bitcoin had $41.9....


Related News

Record first quarter for institutional crypto investment products: CoinShares

Assets under management for institutional funds have hit a record high of $59 billion. According to digital asset investment manager CoinShares, the first quarter of 2021 has hit a new record for institutional crypto product inflows.As reported in the April 6 CoinShares Fund Flows Weekly bulletin, Q1 of this year hit a new record with $4.5 billion in inflows compared with $3.9 billion in the final quarter of 2020.It added that inflows for the past week recorded, ending on April 2, totaled $106 million helping push the total for the three-month period 11% higher than the previous quarter.....

Bitcoin Exchange Inflows Rise to Highest Levels of 2021: Why It Matters

As Bitcoin extended its losses from the previous week, its inflows to cryptocurrency exchanges surged to the highest levels seen in a year — perhaps a telling sign that institutional and retail investors are liquidating their positions en-masse.  According to on-chain analytics site Glassnode, crypto exchanges saw a net inflow of 32,274.05 BTC. Net inflows […]

Institutional investors load up ETH, with its share of AUM hitting a new record

Institutional investors continue to exit BTC in favor of ETH, with Ether investment products now representing more than one-quarter of institutional crypto AUM. Institutional demand for Ethereum continues to surge, with Ether products now representing more than one quarter of the assets under management (AUM) of crypto investment products.According to CoinShares’ June 1 Digital Asset Fund Flows Weekly report, the past week saw significant institutional inflows of $74 million as investors sought to capitalize on the fall out from the recent crash in which many crypto assets lost more than....

Institutions dump BTC as volume soars for Ether funds

Institutional investors appear to have offloaded nearly $100 million worth of Bitcoin exposure this past week while Ether investment product volumes surged. CoinShares’ weekly Digital Asset Fund Flows report has revealed last week saw the largest Bitcoin in the report’s history as Elon Musk’s Twitter account again wreaked havoc in the crypto markets.The May 17 report notes $98 million exited Bitcoin investment products last week, equating to 0.2% of total assets under management, or AUM. “While small, this marks the largest outflow we have recorded,” CoinShares noted.Amid the tumultuous....

Institutional XRP inflows surge as AUM nearly doubles

Institutional investors have rallied around XRP and other altcoins this past week, with nearly $33 million being injected in XRP investment products. Institutional investors have rallied around XRP this past week, with the assets under management, or AUM, or XRP investment products nearly doubling.According to CoinShares’ weekly digital asset fund flows report, roughly $33 million flowed into XRP products this week, pushing the sector’s AUM up to $83 million.The report describes the week as the most bullish for institutional crypto products since early March, with $233 million injected in....