Cointime

Cointime

Download App
iOS & Android

Volume 162: Digital Asset Fund Flows Weekly Report

Repost from CoinShares Blog : “Volume 162: Digital Asset Fund Flows Weekly Report” The full report and all related findings are available on the official website of CoinShares Blog.

Minor outflows of US$16m, more profit-taking than a swing in sentiment

  • Digital asset investment products saw minor outflows totalling US$16m, ending an 11-week run of inflows. Trading activity remained well above the year average though, totalling US$3.6bn for the week.
  • The mixed regional flows suggest this was more related to profit-taking rather than a turn in sentiment towards the asset class.
  • Altcoins bucked the trend, seeing US$21m of inflows. The main beneficiaries being Solana, Cardano, XRP and Chainlink.

Digital asset investment products saw minor outflows totalling US$16m, ending an 11-week run of inflows. Trading activity remained well above the year average though, totalling US$3.6bn for the week, compared to the year-to-date average of US$1.6bn.

Regionally, the outflows were primarily focussed on the US which saw US$18m, while Germany saw minor outflows totalling US$10m. This was partially offset by continued inflows into Canada and Switzerland totalling US$6.9m and US$9.1m respectively. The mixed regional flows suggest this was more related to profit-taking rather than a turn in sentiment towards the asset class.

Bitcoin suffered the most, seeing US$33m of outflows last week, while short-bitcoin also saw minor outflows totalling US$0.3m.

Altcoins bucked the trend, seeing US$21m of inflows. The main beneficiaries being Solana, Cardano, XRP and Chainlink, totalling US$10.6m, US$3m, US$2.7m and US$2m respectively.

Ethereum and Avalanche suffered a little, seeing US$4.4m and US$1m respectively.

Blockchain equities continued to experience positive sentiment, seeing substantial inflows totalling US$122m last week, bringing the last 9 week run to US$294m, the largest run on record.

Digital Asset Cryptocurrency
Comments

All Comments

Recommended for you

  • Golden Morning News | Key Overnight Developments on March 22

    9:00 PM - 7:00 AM Keywords: Iran, US Dollar, Strait of Hormuz 1. BofA: Maintains a medium-term bearish view on the US Dollar. 2. Israeli Defense Minister states that strikes against Iran will intensify in the coming week. 3. Iranian Armed Forces announce significant actions being taken in the Strait of Hormuz. 4. US media reports that Trump's team is developing strategies for potential peace talks with Iran. 5. Analysts: US SEC's cryptocurrency guidance marks the "end of an era" for Gensler. 6. British media: Over 20 countries declare readiness to contribute to ensuring safe passage through the Strait of Hormuz. 7. Cryptocurrency companies lay off hundreds of employees within weeks, attributing it to a weak market and powerful AI.

  • US Media: Trump Team Strategizing for Potential Iran Peace Talks

    According to the website AXIOS, a US official and an informed source revealed that after three weeks of war, the Trump administration has begun preliminary discussions on the next phase and the possible form of peace negotiations with Iran. US President Trump stated on Friday that he is considering a "phased end" to the war, but US officials indicated that the fighting is expected to continue for another two to three weeks. Meanwhile, Trump's advisors hope to begin preparing for diplomatic mediation. Sources revealed that Trump's envoys Kushner and Wittcoff are participating in discussions regarding potential diplomatic avenues. Any agreement to end the war must include the reopening of the Strait of Hormuz, addressing Iran's enriched uranium stockpile, and reaching a long-term agreement on Iran's nuclear program, ballistic missiles, and support for regional proxies. Other sources also revealed that although Egypt, Qatar, and the UK have all conveyed messages between the US and Iran, there have been no direct contacts between the US and Iran in recent days. Egypt and Qatar have informed the US and Israel that Iran is interested in negotiations, but the conditions are very tough, with Iran's demands including a ceasefire, guarantees against future wars, and reparations.

  • BTC Surges Past $71,000

    Market data shows that BTC has broken through $71,000, currently trading at $71,007.92. It has seen a 1.93% increase in the last 24 hours. The market is experiencing significant volatility, so please manage your risk accordingly.

  • Golden Evening News | Key Developments on March 21st

    12:00-21:00 Keywords: Coinbase, Iran, OpenAI, James Wynn 1. Citigroup: Bitcoin could reach $165,000 this year. 2. Iranian Foreign Minister states the pursuit of a complete end to the war, not a temporary ceasefire. 3. OpenAI plans to nearly double its workforce to 8,000 employees by the end of the year. 4. James Wynn returns to HyperLiquid, shorting Bitcoin with 40x leverage. 5. Tim Cook responds to OpenClaw driving Mac Mini sales: Neural Engine added ten years ago. 6. Coinbase's asset management arm launches tokenized shares of a Bitcoin fund, accelerating its asset tokenization strategy.

  • Polymarket to Announce Major News Next Monday, Potentially Related to Token Launch or Funding

    March 21st news: A member of the official Polymarket team, Mustafa, posted on X stating that major news will be announced next Monday. Due to the inclusion of a coin emoji in the tweet, the community speculates that the significant news may be related to funding or a token launch. Previously, it was reported that prediction market platforms Kalshi and Polymarket were in discussions with potential investors for a new round of financing, with both targeting valuations of approximately $20 billion. Kalshi has recently completed a new round of financing exceeding $1 billion, reaching a valuation of $22 billion, doubling its valuation from the previous round in December last year, which was $11 billion. Sources familiar with the matter revealed that this round of financing was led by Coatue Management, and Kalshi's current annualized revenue is $1.5 billion.

  • Midday Briefing | Key Updates for March 21

    7:00 AM - 12:00 PM Keywords: Zedxion, Gold, Galaxy Digital, US SEC 1. UK Proposes Revoking License for Crypto Exchange Zedxion for Allegedly Facilitating Funding for Iran. 2. Gold Records Largest Weekly Drop in 43 Years. 3. Sources: Trump Administration Developing Plan to Seize Iranian Nuclear Material Reserves. 4. CryptoQuant Analyst: Galaxy Digital Suspected of Selling Approximately 700 BTC. 5. Galaxy Head of Research: New SEC Rules Reshape Digital Asset Regulation, Providing Clear Secondary Market Channels. 6. Claude Code Launches Cloud-Based Scheduled Tasks: Automates PR reviews, dependency upgrades, no local execution needed. 7. World Team Suspected of Conducting OTC Trade with an Entity, Sending 117 Million WLD.

  • Sources: Trump Administration Developing Plan to Seize Iranian Nuclear Material

    March 21st news, according to CBS News, multiple informed sources revealed that the Trump administration has been planning methods and options to acquire or transfer Iran's nuclear material. This comes as military actions against Iran, led by the United States and Israel, are entering a more uncertain phase. The timing of whether Trump will order such an operation remains unclear. One source stated that no decision has been made yet. However, two sources indicated that the core of the relevant planning involves the potential deployment of forces from the Joint Special Operations Command, an elite military unit often responsible for the most sensitive non-proliferation missions. (Jingshi)

  • Bitmine Adds 101.8K ETH to Staking, Total Reaches 3.14M ETH

    Onchain Lens data shows that Bitmine has added 101,776 ETH to its staking, valued at $219 million. The total amount of ETH currently staked by Bitmine has reached 3,142,291 ETH, with a total value of approximately $6.75 billion. This operation further increases the scale of its staked assets.

  • US Grants 30-Day Conditional Sanctions Waiver on Iranian Oil

    On March 21, according to the U.S. Department of the Treasury, the United States approved a 30-day authorization on March 20th, conditionally easing sanctions on Iranian oil products. This allows for the delivery and sale of Iranian crude oil and petroleum products that were already loaded onto ships as of March 20th. U.S. Treasury Secretary Janet Yellen stated that the Treasury Department is issuing a "narrowly tailored, short-term authorization" to permit the sale of Iranian oil currently stranded at sea. By temporarily releasing existing oil supplies, the U.S. will quickly provide approximately 140 million barrels of oil to the global market. The temporary, short-term authorization is strictly limited to oil already in transit. (CCTV News)

  • Golden Morning News | Key Overnight Developments on March 21

    21:00-7:00 Keywords: Interest Rate Hike, Strategy, Clarity Act, Grayscale 1. Traders estimate a 50% probability of a Federal Reserve interest rate hike by October. 2. a16z Co-founder: The combination of OpenClaw and Pi Coding Agent is one of the top ten software breakthroughs in history. 3. Strategy CEO: If Morgan Stanley allocates 2% of its Assets Under Management to BTC, it could bring in $160 billion in potential buying pressure. 4. The three major US stock indices collectively closed lower. 5. Grayscale submitted the initial S-1 filing for the Grayscale HYPE ETF to the US SEC. 6. Trump stated he is considering a gradual de-escalation of military actions against Iran. 7. US Senators reach a principled compromise on stablecoin yields, with progress made on the 'Clarity Act'.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company