• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cryptocurrency ETF Products Attract Record $572 Million in Inflows

user avatar

by Giorgi Kostiuk

2 hours ago

Last week, cryptocurrency ETF products recorded inflows of $572 million, attributed to a significant recovery in Bitcoin and Ether prices.

Inflationary Inflows into Cryptocurrency Products

According to European asset manager CoinShares, the inflows during the week brought the year-to-date total to a record high of $30.7 billion. Total assets under management reached $226 billion.

Government Policy Drives Investment Surge

Changes in legislation, including President Donald Trump's executive order allowing cryptocurrency in 401(k) retirement plans, had a direct impact on the influx. This move opens access to trillions in retirement assets for cryptocurrency investment products.

Market Leadership Shifts to Ether Products

Ether ETPs led the week with nearly $270 billion in new investments, continuing the upward trend. Bitcoin ETPs also recovered with $265 million in new investments, along with other altcoins.

Recent changes in government policy could significantly reshape the distribution channels for cryptocurrency products. However, the implementation timelines remain uncertain.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Space Tickets Can Now Be Purchased with Cryptocurrency via Blue Origin and Shift4 Payments

chest

Blue Origin now accepts cryptocurrency for purchasing tickets to space in partnership with Shift4 Payments.

user avatarGiorgi Kostiuk

Could Shiba Inu Reclaim the Meme Throne? An Analysis of Current Crypto Trends

chest

An analysis of current crypto trends: Shiba Inu may reclaim its meme title while Polkadot updates to 2.0.

user avatarGiorgi Kostiuk

Exodus and Superstate: Tokenizing Shares on Solana for Enhanced Investor Access

chest

Exodus Movement, Inc. announced a partnership with Superstate for stock tokenization on Solana, increasing digital asset accessibility.

user avatarGiorgi Kostiuk

Paxos Aims to Obtain National Trust Bank Charter in the U.S. for Enhanced Compliance

chest

Paxos Trust Company has applied for a national trust bank charter to enhance transparency and safety in financial operations.

user avatarGiorgi Kostiuk

Price Prospects of Mantle and Shiba Inu, Cold Wallet Launch with 2 Million Users

chest

The state of Mantle and Shiba Inu cryptocurrencies, alongside the launch of Cold Wallet with 2 million users, is explored in this new analysis.

user avatarGiorgi Kostiuk

Trump Cancels Gold Tariffs: The Impact on Inflation and Cryptocurrencies

chest

Trump has canceled gold tariffs amid expected inflation in the US, which may influence currency and cryptocurrency markets.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.