Leading asset management firms Invesco and Wisdom Tree have set the Bitcoin exchange-traded products (ETPs) ball rolling on European soil.

#ETPBoom #ETPs #Crypto #CryptonewswithJack

The cryptocurrency investment landscape has surged to a remarkable $67 billion in assets under management (AUM), marking the highest level since December 2021, according to a recent report by #Coinshares research head James Butterfill.
The substantial growth is attributed to year-to-date inflows of $5.2 billion and positive price movements across the crypto market. Notably, crypto exchange-traded products (ETPs) recorded a historic $2.45 billion in inflows for the week ending Feb. 16. A significant portion, 99%, can be attributed to United States-listed crypto #ETPs , particularly the 10 approved spot Bitcoin exchange-traded funds (ETFs), which experienced a notable acceleration in net inflows.
#Ethereum(ETH) products, while seeing relatively modest inflows of $21 million, achieved a notable milestone, reaching around $2,800 by the end of last week, a level not seen since May 2022.
Altcoins also made their mark in the market, with ETPs based on Avalanche, Chainlink, and Polygon each receiving around $1 million in inflows. One noteworthy addition to the scene is #Islamiccoin , an EVM-compatible cryptocurrency operating on a proof-of-stake consensus mechanism. Market enthusiasts believe this altcoin holds promising prospects in the upcoming bull run.
As the crypto investment space continues to evolve, these recent developments underscore the growing mainstream interest and confidence in the digital asset market.
#Write2Earn $ETH $SOL $BTC

Is Crypto Investment on the Rise with $78 Million Inflows from Europe? 💶

Crypto investment products are experiencing increased popularity, securing $78 million in #inflows for the second consecutive week.

CoinShares reported a surge in digital asset investment products, reaching the highest volume levels since July 2023.

Notably, crypto exchange-traded products (#ETPs ) volumes rose by 37%, totaling $1.1 billion. Solana, considered the 'altcoin of choice,' witnessed its highest weekly inflows since March 2022.

However, United States Ethereum futures ETFs had a lukewarm debut, attracting only $10 million in the first week. Interestingly, 90% of crypto asset inflows originated from #Europe , with Germany and Switzerland leading the way with $37.3 million and $31.3 million in inflows, respectively.

This data comes as CoinShares expands its presence in the U.S., emphasizing the country's role as a global leader in digital asset development and regulation.

#Binance
#crypto2023

🌍 European #Bitcoin ETPs have seen outflows every month this year, losing $506M, despite a 40% rise in $BTC 's price.
🦅 Meanwhile, #US crypto products enjoyed $13.4B in inflows following the launch of spot #BitcoinETFs

#ETPs #TrendingTopic

🚨 BREAKING 🚨

TOTAL DIGITAL ASSET ETPs CROSSED $100 BILLION FOR THE FIRST TIME EVER.

INSTITUTIONS ARE LOVING BITCOIN.

#100Billion #ETPs #HotTrends #sol #BTC $BTC

- Crypto-based exchange-traded products (ETPs) reach assets under management (AUM) of $67 billion, the highest since December 2021.

- Record weekly inflows of $2.45 billion for crypto ETPs, with 99% attributed to US-listed ETPs and significant contributions from recently approved spot Bitcoin ETFs.

- BlackRock and Fidelity's ETFs collected nearly $2.3 billion of the inflows, while Grayscale's products experienced $623 million in weekly outflows.

- Some investors are betting against Bitcoin, adding $5.8 million inflows to short-Bitcoin products.

- Ether products saw modest inflows of $21 million, and altcoin ETPs based on Avalanche, Chainlink, and Polygon recorded consistent weekly inflows.

- Solana products experienced $1.6 million in outflows, likely due to recent network downtime issues.

#ETFsApproval #ETPs #ETPMarket

Is U.S. Bitcoin ETF Hope Driving Huge Investments in Crypto ETPs? 💰

In the week ending Oct. 27, crypto exchange-traded products (ETPs) experienced significant inflows of $326 million, marking their #largest weekly increase in over a year, as reported by CoinShares.

#ETPs are investment funds designed to mirror the price of assets, with crypto ETPs typically tracking major cryptocurrencies like Bitcoin and Ether.

This surge in inflows, the highest since July 2022, was the fifth consecutive week of ETP inflows. One possible reason for this increase is growing optimism regarding the potential approval of a U.S. spot-based Bitcoin ETF by the U.S. Securities and Exchange Commission.

Notably, #bitcoin ETPs received 90% of the total inflows, while Solana (SOL) also saw $24 million in inflows. In contrast, Ether funds experienced outflows of $6 million. Despite numerous past applications, the SEC has yet to approve a spot Bitcoin ETP, with some firms amending their applications in an attempt to address regulatory concerns.

#Binance
#crypto2023

First in Bitcoin History: Corporates Exceeded the 1 Million Threshold!

Bitcoin exchange-traded funds offered through #ETFs and #ETPs around the world shared by HODL15Capital have exceeded the 1 million BTC threshold. The cumulative value of these assets exceeded 68 billion dollars.

While this amount corresponded to 5.08% of the current circulating supply of 19.7 million #BTC , a striking picture emerged.

US-based spot Bitcoin ETFs alone have collected 855,619 Bitcoins since launch on January 10. The average daily inflow to these ETFs was recorded as 6,200 #BTC .

BlackRock and Grayscale were recorded as the two companies that hold the most Bitcoin in their ETFs. According to current data, Grayscale holds 289,040 BTC worth $19.9 billion, while BlackRock holds 287,168 #BTC worth $19.8 billion.

According to on-chain analysis platform LookIntoBitcoin, only 1 million addresses hold 1 BTC or more.
$BTC $ETH