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Inflows from Crypto Products Lag as Q1 Ends

With the month of March ending a few days ago, analysis by Coinshare, an asset management firm, shows that inflows into digital asset investment products lagged behind in the first quarter (Q1) of 2022 when compared to inflows recorded in the same period last year.

For instance, while  Bitcoin  last week saw an inflow of US$144m, bringing year-to-date (YTD) inflows to US$350m, the total YTD as at first quarter of 2021 was US$3 billion, which was a period experts say was particularly euphoric for the digital asset.

For  Ethereum  , last week’s inflows of US$23m brings its YTD to US$111m in contrast to the first quarter of 2021 where it attracted inflows totaling US$705m. This is despite the fact that investment sentiment has improved on the cryptocurrency, Coinshare points out.

Continuous Recovery

Finance Magnates had reported that the crypto market witnessed a major turnaround in sentiment in recent times with institutional crypto inflows hitting a $193 million high two weeks ago, which wwere the highest inflows since mid-December 2021.

Bitcoin had led the latest recovery as the world’s most dominant crypto asset saw weekly inflows worth $98 million at the time.

New data from Coinshare about last week’s fund inflows show that digital asset fund flows has continued to recover with inflows of $108m.

In addition, the asset management firm noted that the reported weekly inflow of US$193m from two weeks ago now stood at US$244m following the additions of some late trade figures.

Also, from two weeks ago, as reported by Finance Magnates, price recovery total assets under management (AUM) was US$57bn. It now sits at $US61 billion.

“Year-to-date net flows have now hit US$501m while total assets under management (AuM) have recovered to US$61 billion, the highest since the beginning of January 2022,” the report says.

Europe’s Unshaken, Solona Emerges 3rd Best

Finance Magnates had also reported that at the regional level, the majority (76%) of inflows into Europe from two weeks ago stood at US$147m, while the Americas lagged at US$45m, with some providers continuing to see minor outflows.

The latest data shows that the regional divide remains, with 99% of inflows derived from Europe while the Americas remain hesitant, seeing only US$1.7m of inflows.

According to Coinshare, Solana is now the 3rd best performing investment product with inflows year-to-date totaling US$103m. Solana and Cardano saw inflows totaling US$8.2m and US$1.8m respectively.

“Unusually, short-Bitcoin investment products, which have only US$9m of AUM, saw inflows totaling US$1m last week,” Coinshare said in the update.

With the month of March ending a few days ago, analysis by Coinshare, an asset management firm, shows that inflows into digital asset investment products lagged behind in the first quarter (Q1) of 2022 when compared to inflows recorded in the same period last year.

For instance, while  Bitcoin  last week saw an inflow of US$144m, bringing year-to-date (YTD) inflows to US$350m, the total YTD as at first quarter of 2021 was US$3 billion, which was a period experts say was particularly euphoric for the digital asset.

For  Ethereum  , last week’s inflows of US$23m brings its YTD to US$111m in contrast to the first quarter of 2021 where it attracted inflows totaling US$705m. This is despite the fact that investment sentiment has improved on the cryptocurrency, Coinshare points out.

Continuous Recovery

Finance Magnates had reported that the crypto market witnessed a major turnaround in sentiment in recent times with institutional crypto inflows hitting a $193 million high two weeks ago, which wwere the highest inflows since mid-December 2021.

Bitcoin had led the latest recovery as the world’s most dominant crypto asset saw weekly inflows worth $98 million at the time.

New data from Coinshare about last week’s fund inflows show that digital asset fund flows has continued to recover with inflows of $108m.

In addition, the asset management firm noted that the reported weekly inflow of US$193m from two weeks ago now stood at US$244m following the additions of some late trade figures.

Also, from two weeks ago, as reported by Finance Magnates, price recovery total assets under management (AUM) was US$57bn. It now sits at $US61 billion.

“Year-to-date net flows have now hit US$501m while total assets under management (AuM) have recovered to US$61 billion, the highest since the beginning of January 2022,” the report says.

Europe’s Unshaken, Solona Emerges 3rd Best

Finance Magnates had also reported that at the regional level, the majority (76%) of inflows into Europe from two weeks ago stood at US$147m, while the Americas lagged at US$45m, with some providers continuing to see minor outflows.

The latest data shows that the regional divide remains, with 99% of inflows derived from Europe while the Americas remain hesitant, seeing only US$1.7m of inflows.

According to Coinshare, Solana is now the 3rd best performing investment product with inflows year-to-date totaling US$103m. Solana and Cardano saw inflows totaling US$8.2m and US$1.8m respectively.

“Unusually, short-Bitcoin investment products, which have only US$9m of AUM, saw inflows totaling US$1m last week,” Coinshare said in the update.


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