Crypto Sees Largest Fund Inflows: Reaching $1.5 Billion

Interest in crypto investment products continues to increase. Weekly inflows for all cryptocurrencies reached a total of $346 million, while total inflows since the beginning of the year were recorded as $1.5 billion.

While inflows to crypto asset funds have increased in recent weeks, this is considered an indicator of growth and positive price movements in the crypto market. A new inflow record was recorded this week with 346 million USD. Net inflows recorded since the beginning of the year reached 1.5 billion dollars. This is the highest weekly fund inflow in history since the 2021 bull season and also continues nine weeks of positive inflows.

Rising demand for crypto investment funds is fueled by spot Bitcoin ETF expectations in the US, according to CoinShares data. Investors increased their demand for these funds and perceived ETF news as a strong entry signal.

Starting from the week of September 25-29, continuous weekly arrivals to the sector began to be observed and the number of arrivals increased over time. The week ending November 24 recorded the largest inflows of the entire nine-week period, at $312 million.

According to the report, the decline in Short Bitcoin funds focused on the sale of Bitcoin continues.

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