Crypto Products See $321,000,000 in Institutional Capital During Second Consecutive Week of Inflows: CoinShares
Digital assets manager CoinShares says that institutional crypto investors poured hundreds of millions in capital into digital asset products last week after the Fed’s announced rate cut.
In its latest Digital Asset Fund Flows report , CoinShares says that institutional crypto investment products saw a surge in inflows to the tune of $321 million following Fed chair Jerome Powell’s announcement that the Federal Open Markets Committee’s (FOMC) decision to cut interest rates by 50 basis points (bps).
“Digital asset investment products experienced a second consecutive week of inflows, totaling US$321 million. This surge was likely driven by the Federal Open Market Committee (FOMC) comments last Wednesday, which took a more dovish stance than anticipated, including a 50 basis point interest rate cut. As a result, total assets under management (AuM) saw a 9% growth. Total investment product volumes were US$9.5bn, up 9% from the week prior.”
Source: CoinSharesThe US lead inflows regionally with $277 million. Switzerland followed with $63 million while Germany, Sweden and Canada provided $9.5 million, $7.8 million and $2.3 million in inflows a piece.
Bitcoin ( BTC ), per usual, took the lion’s share of inflows at $284 million. Ethereum ( ETH ), on the other hand, suffered outflows of $29 million last week, its fifth consecutive week of losses.
“This is due to persistent outflows from the incumbent Grayscale Trust and scant inflows from the newly issued ETFs. Meanwhile, Solana investment products continue to see small but consistent weekly inflows, with inflows last week totaling US$3.2m.”
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck Price Action
Follow us on X , Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Trader With 87% Win Rate Achieves 1,000% Profit In Less Than 24 Hours
Fed’s Waller signals multiple rate cuts in 2025 as Bitcoin holds steady near $100K
SEC Poised for Crypto Policy Overhaul Under Incoming Trump Administration
Trump’s Crypto-Friendly Stance Sparks Optimism in Markets
Bitcoin Price Surpassed $100K Following Yesterday’s CPI Data and Renewed Inflows in BTC ETFs
January 15 CPI report showed cooling inflation, while BTC ETFs recorded over $755 million in inflows