{"id":51762,"date":"2021-10-26T10:19:12","date_gmt":"2021-10-26T07:19:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51762"},"modified":"2025-09-03T01:31:01","modified_gmt":"2025-09-02T22:31:01","slug":"investors-direct-a-record-1-47-billion-to-crypto-funds-in-a-week","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/investors-direct-a-record-1-47-billion-to-crypto-funds-in-a-week\/","title":{"rendered":"Investors direct a record $1.47 billion to crypto funds in a week"},"content":{"rendered":"<p>Inflow of funds into digital asset-based products from 16 to 22 October amounted to a record $1.47 billion, with year-to-date total at $8 billion. These figures come from CoinShares&#8217; <a href=\"https:\/\/medium.com\/coinshares\/volume-52-digital-asset-fund-flows-weekly-8772b6df279\">report<\/a>.<\/p>\n<p>The previous record was $670 million, set in February. Year-to-date inflows surpassed inflows for all of 2020 ($6.7 billion).<\/p>\n<p>Total assets in cryptocurrency-based products rose to a new high of $76.7 billion. During the week the figure reached $79.2 billion as digital gold pushed to an all-time high above <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-hits-new-all-time-high-above-67000\">$67,000<\/a>.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"674\" height=\"468\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-574.png\" alt=\"Investors directed a record $1.47 billion into crypto funds\" class=\"wp-image-153970\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-574.png 674w, https:\/\/u1f987.com\/wp-content\/uploads\/1-574-300x208.png 300w\" sizes=\"auto, (max-width: 674px) 100vw, 674px\" \/><figcaption>Data: CoinShares.<\/figcaption><\/figure>\n<\/div>\n<p>Analysts attributed such dynamics to the successful launch in the United States of two <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-cryptocurrency-etf\">Bitcoin ETF<\/a> by <a href=\"https:\/\/u1f987.com\/en\/news\/provider-of-the-first-bitcoin-etf-in-the-u-s-seeks-relief-from-trading-limits\">ProShares<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/nasdaq-begins-trading-valkyrie-investments-futures-based-bitcoin-etf\">Valkyrie Investments<\/a>. Investments in these products totalled $1.24 billion.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;In addition to ETFs, other Bitcoin funds attracted assets of $138 million. At the same time, there were signs of profit-taking amid outflows from older products.&#8221;<\/em>, experts noted.<\/p>\n<\/blockquote>\n<p>As a result, inflows into Bitcoin-based funds totaled $1.45 billion, into Solana, Cardano, Binance Coin were $8.1 million, $5.3 million and $1.8 million respectively.<\/p>\n<p>Outflows from Ethereum products continued for the third week in a row and amounted to $1.4 million.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"675\" height=\"536\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-486.png\" alt=\"Investors directed a record $1.47 billion into crypto funds\" class=\"wp-image-153971\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-486.png 675w, https:\/\/u1f987.com\/wp-content\/uploads\/2-486-300x238.png 300w\" sizes=\"auto, (max-width: 675px) 100vw, 675px\" \/><figcaption>Data: CoinShares.<\/figcaption><\/figure>\n<\/div>\n<p>Experts consulted by ForkLog <a href=\"https:\/\/u1f987.com\/en\/news\/experts-weigh-the-timing-and-likelihood-of-bitcoin-reaching-100000\">noted<\/a> the potential for continued Bitcoin upside after the launch of ETFs in the United States.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflows into digital asset-based products from 16 to 22 October amounted to a record $1.47 billion, with year-to-date total at $8 billion. These figures come from CoinShares&#8217; report.<\/p>\n","protected":false},"author":1,"featured_media":51763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1191,1156,1211],"class_list":["post-51762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-coinshares","tag-institutional-investors-and-whales","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51762","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=51762"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51762\/revisions"}],"predecessor-version":[{"id":51764,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51762\/revisions\/51764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/51763"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=51762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=51762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=51762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}