Record $15 Billion Worth of Cryptos Under Management After Institutional Inve...
A new report says institutional investors pumped $429 million into cryptos and cryptocurrency funds in the week ending December 7. The figure, which is the second-highest on record, pushes to the total value of digital assets under management (AUM) to an all-time peak of $15 billion. The largest weekly inflow on record is $468 million seen in November. Breaking down the latest inflows, the Coinshares weekly report that tracks the flow of money into digital asset funds shows that Grayscale accumulated $336 million or roughly 78% of the $429 million. Following its latest acquisitions,....
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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.....
Institutional inflows have declined 59% this past week, but AUM is at an all-time high. According to digital asset investment manager, CoinShares, institutional demand in the U.S. has declined slightly however European funds are still buying.According to Coinshares’ March 22 Fund Flows Weekly report, combined flows into institutional crypto products totaled $99 million for the week ending March 20.The data indicates a significant decline in institutional demand, with inflows down 59% from the previous week, which recorded $242 million.However, the researchers noted that the assets under....
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....
Weekly inflows into Ethereum investment products continue to grow, according to the latest CoinShares report. Institutional investment managers bought $30.2 million worth of Ethereum (ETH) last week, bringing their total holdings to a record $13.9 billion, according to CoinShares.Inflows into Ethereum products appears to be ramping up as investors devote greater attention and resources to the smart-contract platform. Month-to-date inflows for ETH products totaled $170 million, bringing the yearly total to $824 million. Managers now hold a combined $13.9 billion worth of ETH. The weekly....
Bitcoin dominates but Ethereum is growing in popularity for institutional investment products. According to digital asset investment manager, CoinShares, institutional-grade crypto asset investment products inflows have already reached record levels so far in 2021.According to Coinshares’ March 15 Fund Flows Weekly report first quarter inflows into cryptocurrency funds are up 7.7% and already total $4.2 billion, smashing the quarterly record of $3.9 billion set in Q4 2020.There are now five digital asset investment providers with over a billion dollars in assets under management, or AUM:....