{"id":11283,"date":"2024-03-04T16:52:57","date_gmt":"2024-03-04T14:52:57","guid":{"rendered":"https:\/\/forklog.com\/en\/crypto-funds-record-second-largest-inflow-of-the-year\/"},"modified":"2024-03-04T16:52:57","modified_gmt":"2024-03-04T14:52:57","slug":"crypto-funds-record-second-largest-inflow-of-the-year","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/crypto-funds-record-second-largest-inflow-of-the-year\/","title":{"rendered":"Crypto Funds Record Second Largest Inflow of the Year"},"content":{"rendered":"<p>Inflows into cryptocurrency investment products from February 24 to March 1 amounted to $1.83 billion, following $598 million in the previous reporting period, according to a report by <a href=\"https:\/\/blog.coinshares.com\/volume-172-digital-asset-fund-flows-weekly-report-6e6506a5c274\">CoinShares<\/a>.<\/p>\n<p>The positive trend continued for the fifth consecutive week. From February 10 to 16, inflows reached a <a href=\"https:\/\/u1f987.com\/en\/news\/crypto-funds-witness-2-45-billion-inflow-analysts-report\">record $2.45 billion<\/a>.<\/p>\n<p>Assets under management (AUM) rose to $82.56 billion. For comparison, the <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span> is $86 billion.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-937.webp\" alt=\"1-937\" class=\"wp-image-227378\"\/><figcaption class=\"wp-element-caption\">Data: CoinShares.<\/figcaption><\/figure>\n<p>Trading volume reached a historical high of $30 billion \u2014 50% of the total figure for trusted centralized platforms.<\/p>\n<p>Investors poured $1.73 billion into bitcoin-related instruments, following $569.5 million in the previous reporting period. Year-to-date inflows exceeded $7.33 billion.<\/p>\n<p>Clients invested $22.2 million in structures allowing short positions on the leading cryptocurrency (compared to $3.9 million the previous week).<\/p>\n<p>Ethereum funds attracted $84.7 million, the highest since mid-2022.<\/p>\n<p>Positive dynamics were observed in other altcoins, except for Solana (-$11.9 million). Products based on XRP, Chainlink, and Litecoin recorded inflows of $2.5 million, $1.6 million, and $1.2 million, respectively.<\/p>\n<p>Investors put $7.6 million into Polygon-based funds \u2014 22% of AUM.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-728.webp\" alt=\"2-728\" class=\"wp-image-227379\"\/><figcaption class=\"wp-element-caption\">Data: CoinShares.<\/figcaption><\/figure>\n<p>Earlier, experts at K33 Research saw the meme coin rally as a sign of an impending altseason.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflows into cryptocurrency investment products from February 24 to March 1 amounted to $1.83 billion, following $598 million in the previous reporting period, according to a report by CoinShares. The positive trend continued for the fifth consecutive week. From February 10 to 16, inflows reached a record $2.45 billion. Assets under management (AUM) rose to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1191,46,1145,1264],"class_list":["post-11283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-coinshares","tag-ethereum","tag-market-analysis","tag-polygon-matic"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/11283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=11283"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/11283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/11282"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=11283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=11283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=11283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}