The money flowing into crypto investment products have been positive for 10 consecutive weeks, with a total inflow of $1.76 billion.

While Bitcoin (BTC) hovers around $42,000, sentiment has been extremely positive. This is evident from the data of digital asset investment products’ inflows.

Crypto Inflows Reach October 2021 Highs

According to data from CoinShares, there were inflows of $176 million in the past week for the digital assets products. BeInCrypto previously explained:

“Crypto Investment vehicles such as exchange-traded products (ETPs) and Trusts are important means for institutional investors and other big investors to get crypto exposure. They prefer digital investment products over direct crypto custody due to regulatory challenges or other accounting-related reasons.”

The screenshot below shows that the inflows have been positive for the past 10 weeks, totaling $1.76 billion. CoinShares explained that the amount is highest since October 2021, when the market was near its peak due to the hype of the Bitcoin Futures exchange-traded fund (ETF).

Read more: Where To Trade Bitcoin Futures: A Comprehensive Guide.

Additionally, the total assets under management (AuM) of digital asset investment products grew by over 107% in 2023. Not to mention, the inflows of the past 10 weeks contribute 4% to the total AuM of crypto investment products. 

Time to Practice Caution?

The spectacular growth in inflows comes as marke

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Author: Harsh Notariya

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