Cryptocurrency trading instruments’ volume last week was several times higher than weekly volumes seen in 2023.
According to the information provided by CoinShares, cryptocurrency investment tools increased in total last week. $11.8 billion saw trading volume.
Establishing a spot Bitcoin ETF in the US but not from other issuers more fund management fees from the funds of companies receiving 2.9 billion dollars in total output.
In total, spot exchange traded funds that started trading on January 11 $4.13 billion There was money inflow.
During the last week, a net of 263 million dollars entered investment instruments in the USA, while funds in Europe and Canada $297 million output. According to CoinShares analysis, this means investors transaction fees are more competitive It indicates that he has moved to the USA.
Net profit from Bitcoin investment instruments during the week $24.7 million; Ethereum and Solana tools respectively $13.6 million and $8.5 million output.