According to the latest report from CoinShares, investment flows into digital asset products recorded a positive trend with a total net cash flow of 2.7 billion USD in the recent week, extending a 11-week consecutive increase in capital. The inflow mainly came from the US market with 2.65 billion USD, while countries like Switzerland and Germany also recorded small but stable amounts of capital. In contrast, some regions like Canada, Hong Kong, and Brazil observed slight capital withdrawals, reflecting a strategic shift of investors globally. The focus of the capital flows remains on Bitcoin, accounting for 83% of the total cash inflow, while Ethereum also maintains strong appeal, indicating positive signals and investor confidence in the cryptocurrency market this year.
Investment flows into cryptocurrencies have surged recently.
Investment products in cryptocurrencies continue to attract a large amount of net capital, reaching 2.7 billion USD in the past week. This marks the 11th consecutive week of capital increase, demonstrating the growing interest and confidence of investors in the market. This capital flow primarily focuses on products related to Bitcoin and Ethereum, the two leading cryptocurrencies in terms of market capitalization and trading value.
The extension of the consecutive weeks of capital increase reflects stability in investment trends and the sustainable development of the cryptocurrency ecosystem, facilitating investors to continue expanding their portfolios while boosting liquidity on major exchanges.
Capital flow by region: The US leads, other markets fluctuate.
The US still plays a dominant role with almost the entire new investment capital, reaching 2.65 billion USD, asserting its position in leading global cryptocurrency investment activities. Meanwhile, the Swiss and German markets also recorded small capital inflows of 23 million USD and 19.8 million USD, respectively, reflecting expanding interest from Europe.
In contrast, some regions like Canada, Hong Kong, and Brazil experienced slight capital withdrawals of 13.6 million USD, 2.3 million USD, and 2.4 million USD, respectively. Notably, Hong Kong continues to experience a wave of capital outflow following the recent price surge, with total withdrawals reaching 132 million USD in June, reflecting investors' caution in this region.
Analysis of investment flows by cryptocurrency.
Bitcoin accounts for a significant proportion of the total new investment capital, with 83%, equivalent to 2.2 billion USD, flowing into products related to this cryptocurrency. This indicates strong investor confidence in Bitcoin as a safe haven asset and a primary investment tool within the cryptocurrency ecosystem.
In contrast, short-term Bitcoin investment products recorded slight capital withdrawals of about 2.9 million USD in the past week, bringing the total capital outflow for the year to 12 million USD, reflecting investors' preference for long-term holding (HODL) positions rather than short-term trading.
Ethereum continues to attract large capital flows.
Ethereum also recorded a positive trend as it welcomed an additional 429 million USD in new capital this week, bringing the total capital flow in the first six months of the year to 2.9 billion USD. This growth indicates a deep trust in the development potential of the Ethereum platform, especially in the context of the expanding Smart Contract and DeFi applications.
Meanwhile, some other cryptocurrencies like Solana only recorded modest capital of 91 million USD in the first six months of the year, demonstrating investors' cautious selection when evaluating projects outside of Ethereum and Bitcoin.
Source: https://tintucbitcoin.com/coinshares-dau-tu-tien-dien-tu-my-27-ty-usd/
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