Source: TokenPost
Original Title: US Cryptocurrency Fund Inflows for 3 Weeks… Over 1 Trillion Won Driven by Bitcoin Spot ETF Expectations
Original Link:
US Investors’ Interest Leads to 3 Consecutive Weeks of Net Inflows in Digital Asset ETPs
The interest of US investors in the digital asset market continues, with related Exchange Traded Products(ETPs) recording net inflows for three consecutive weeks. This is interpreted as a reflection of recovered investor sentiment and expectations of institutional entry.
CoinShares, Europe’s largest digital asset management firm, recently reported that last week, a total of $864 million(approximately 1.2692 trillion won) flowed into global digital asset ETPs. Among them, the US accounted for $796 million(approximately 1.1707 trillion won), leading most of the total inflows. Following were Germany with about $68.6 million(approximately 100.9 billion won), and Canada with $26.8 million(approximately 39.4 billion won). Combined, these three countries account for 98.6% of the total net inflow since the beginning of the year.
In contrast, the situation in Switzerland was the opposite. Swiss-listed digital asset ETPs experienced weekly outflows of about $41.4 million(approximately 60.9 billion won). However, the cumulative net inflow for the year still remains above $624.4 million(approximately 914.8 billion won).
This trend is analyzed as a result of renewed risk appetite driven by the potential approval of Bitcoin(BTC) spot ETFs and changes in global policies. Particularly, the perception that the cryptocurrency market, including Bitcoin, is becoming an investment target within the institutional sector is growing.
Market Interpretation
Three consecutive weeks of net inflows signals a recovery in market sentiment, indicating that institutional investors are once again interested in cryptocurrencies. The dominant inflow from the US may also reflect pre-emptive expectations regarding spot ETF approvals and policy shifts.
Strategic Points
Focus on US-led capital inflow trends
Possible profit-taking flows in Europe leading to capital outflows
Consider concentrated investment strategies focusing on stocks with momentum related to spot ETF developments
Terminology
Digital Asset ETP: Exchange Traded Product based on cryptocurrencies and other digital assets(Exchange Traded Product)
Net Inflows(Net Inflows): A state where new capital inflows exceed outflows, indicating strong investment demand
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U.S. cryptocurrency fund inflows enter the 3rd week... Over 1 trillion won poured in amid expectations for Bitcoin spot ETF
Source: TokenPost Original Title: US Cryptocurrency Fund Inflows for 3 Weeks… Over 1 Trillion Won Driven by Bitcoin Spot ETF Expectations Original Link:
US Investors’ Interest Leads to 3 Consecutive Weeks of Net Inflows in Digital Asset ETPs
The interest of US investors in the digital asset market continues, with related Exchange Traded Products(ETPs) recording net inflows for three consecutive weeks. This is interpreted as a reflection of recovered investor sentiment and expectations of institutional entry.
CoinShares, Europe’s largest digital asset management firm, recently reported that last week, a total of $864 million(approximately 1.2692 trillion won) flowed into global digital asset ETPs. Among them, the US accounted for $796 million(approximately 1.1707 trillion won), leading most of the total inflows. Following were Germany with about $68.6 million(approximately 100.9 billion won), and Canada with $26.8 million(approximately 39.4 billion won). Combined, these three countries account for 98.6% of the total net inflow since the beginning of the year.
In contrast, the situation in Switzerland was the opposite. Swiss-listed digital asset ETPs experienced weekly outflows of about $41.4 million(approximately 60.9 billion won). However, the cumulative net inflow for the year still remains above $624.4 million(approximately 914.8 billion won).
This trend is analyzed as a result of renewed risk appetite driven by the potential approval of Bitcoin(BTC) spot ETFs and changes in global policies. Particularly, the perception that the cryptocurrency market, including Bitcoin, is becoming an investment target within the institutional sector is growing.
Market Interpretation
Three consecutive weeks of net inflows signals a recovery in market sentiment, indicating that institutional investors are once again interested in cryptocurrencies. The dominant inflow from the US may also reflect pre-emptive expectations regarding spot ETF approvals and policy shifts.
Strategic Points
Terminology