Crypto ETPs See $1 Billion Weekly Inflows Before Price Decline

Crypto ETPs See $1 Billion Weekly Inflows Before Price Decline

CoinShares reports $716M inflows into digital asset products for the week ending Dec. 6, with U.S., Germany, and Canada leading and Chainlink achieving a new record.

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Summary

CoinShares reported $716 million in net inflows to digital asset exchange-traded products for the week ending Dec. 6, boosting total assets under management to $180 billion. The largest contribution came from the U.S. with $483 million, followed by Germany at $96.9 million and Canada at $80.7 million. Bitcoin ETPs recorded $352 million, while Chainlink set a record with $52.8 million in inflows. The data underscores strong global institutional interest despite recent market volatility.

Terms & Concepts
  • Crypto ETPs: Exchange-traded products offering exposure to cryptocurrencies without directly holding the assets.
  • CoinShares: A digital asset investment firm providing research and managing cryptocurrency-focused investment products.