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Weekly Crypto Products’ Inflows Reach $2.92B

Weekly Crypto Products’ Inflows Reach $2.92B

In the week of March 9 to March 15, cryptocurrency investment products saw a total inflow of $2.92 billion, a significant increase from the previous week’s inflow of $2.69 billion.

This trend has continued for the seventh consecutive week, further demonstrating the growing interest in these products.

Since the beginning of the year, the inflow has reached an astonishing $13.2 billion, surpassing the total inflow of $10.6 billion for all of 2020.

The total trade turnover also reached a record high of $43 billion. The total volume of assets under management reached an all-time high of $96.65 billion, and has already crossed the $100 billion mark.

The majority of the inflow, amounting to $2.86 billion, was invested in Bitcoin-related instruments, accounting for 97% of the total investment in digital assets.