Cryptocurrency ETP Inflows Reach Record High in Recent Analysis

Monday, 15 July 2024, 14:00

The latest data reveals a significant increase in weekly inflows to cryptocurrency-focused exchange-traded products (ETPs), totaling $1.49 billion. Over the past month, investors injected $1.45 billion into these products, with a substantial $19.7 billion inflow over the past year. Overall, crypto ETP assets have surged to a total of $70.1 billion. This trend showcases a growing interest and confidence in cryptocurrency investments among market participants.

LivaRava Finance Meta Image — Cryptocurrency ETP Inflows Reach Record High in Recent Analysis

Cryptocurrency ETP Weekly Inflows Surge

The latest data shows a remarkable increase in weekly inflows to crypto-focused ETPs, reaching $1.49 billion.

Significant Growth in Investment

Investors added $1.45 billion in the past month and $19.7 billion in the past year, according to Bloomberg's data.

Total Assets Reach $70.1 Billion

The total crypto ETP assets have now reached $70.1 billion, indicating a flourishing market for these investment products.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Cryptocurrency ETP Weekly Inflows Surge

Significant Growth in Investment

Total Assets Reach $70.1 Billion

Related posts