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CoinShares: Institutional Investors Attack XRP Coin and These 8!

CoinShares: Kurumsal Yatırımcılar XRP Coin ve Bu 8’ine Saldırdı!
CoinShares: Kurumsal Yatırımcılar XRP Coin ve Bu 8’ine Saldırdı!
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CoinShares’ latest report attracted attention. According to the report, last week, crypto asset investment products experienced the highest weekly inflows of the year, reaching $2.2 billion. This brings year-to-date inflows to $2.8 billion, while the value of assets under management (AuM) hit a record high of $171 billion. In addition, global ETP trading volumes reached $21 billion, accounting for 34% of total Bitcoin trading volume on trusted exchanges. The majority of last week’s inflows came from the US, totaling $2 billion, while Switzerland and Canada also saw healthy inflows. Bitcoin saw inflows of $1.9 billion, while Ethereum saw inflows of $246 million. XRP coin received another $31 million in inflows, bringing its total to $484 million since mid-November 2024.

Inflows recorded for XRP coin and those cryptos

Cryptoasset investment products recorded their largest weekly inflows this year last week, totaling $2.2 billion, amid the euphoria of Trump’s inauguration. This pushed year-to-date (YTD) total inflows to $2.8 billion and the value of total assets under management (AuM) to an all-time high of $171 billion. Global ETP trading volumes also reached a remarkable $21 billion last week, accounting for 34% of total Bitcoin trading volume on trusted exchanges.

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The US accounted for the bulk of last week’s inflows with $2 billion, while other regions such as Switzerland and Canada recorded healthy inflows of $89 million and $13 million respectively. Bitcoin saw an inflow of $1.9 billion last week, bringing its total inflows this year to $2.7 billion. Interestingly, despite the price gains, there were small outflows of $0.5 million from short positions. This is in contrast to the inflows that usually follow positive price movements.

Ethereum has seen inflows of $246 million so far this year, making up for the outflows. However, in terms of year-over-year flow performance, it still paints a weak picture. Despite this, Ethereum’s performance managed to outperform Solana’s $2.5 million inflow last week by far. XRP saw an additional inflow of $31 million last week, bringing its total to an impressive $484 million since mid-November 2024. On the altcoin side, Stellar recorded an inflow of $2.1 million, while there was also activity in other altcoins. The full inflows are as follows:

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CoinShares: Institutional Investors Attack XRP Coin and These 8!
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