Based on data shared by Coinshare, Cryptocurrency-related investment products at asset managers such as Bitwise, Grayscale, BlackRock, and 21Shares touched a historical record trading volume of 17.5 billion Dollars last week, which is believed to be due to the start of trading of the Spot Bitcoin ETF in the United States. “This trading volume represented nearly 90% of daily trading volume on major exchanges last Friday, unusually high since the average is usually only between 2%-10%,” wrote CoinShares Head of Research, James Butterfill.

Butterfill also added that this investment product also generated Inflow worth 1.18 billion dollars last week. Products related to Bitcoin alone recorded 1.16 billion dollars or 98% of Inflow. Ethereum-based products received inflows worth 25.7 million dollars and XRP received 2.2 million dollars. Meanwhile, Solana investment products only generated inflows of 0.5 million dollars. Increasing inflow or inflow of funds is a positive indication, which usually occurs due to increased interest in these assets.