Crypto Fund Inflows Maintain 11-Week Streak, But Dips Compared to Previous Weeks

Digital asset investment products have now seen 11 consecutive weeks of net gains, the longest run of inflows since October. Sentiment in cryptocurrency markets appears to be stabilizing, according to the latest Digital Asset Fund Flows report published by CoinShares. For the 11th straight week, investment continues to flow into crypto, demonstrating resilience despite market volatility.

However, while the 11-week run of net inflows that saw crypto investment funds rake in over $1.7 billion has technically been maintained, a noticeable dip compared to previous weeks has been observed. The weekly report, ending on December 9th, showed cryptocurrency funds receiving $43 million in net inflows. This amount is a significant drop from the highs of previous weeks, indicating a potential shift in investor sentiment or strategy.

Last week, crypto funds recorded net outflows of $16 million. Bitcoin-based funds dominated, registering $32.8 million in outflows last week, with short Bitcoin investment products also witnessing $0.3 million in outflows.

Data provided by CoinShares shows this ongoing trend. While the 11-week streak is a positive sign for the overall health of the crypto market, the reduced inflows suggest that caution may be warranted. Stay tuned for further updates as we monitor the evolving landscape of crypto fund flows.