BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Record-Breaking Week: Digital Asset Investments Soar to $13.2B

by Sham
March 18, 2024
in CRYPTO, INVESTING
Reading Time: 3 mins read
A A
1
SHARES
15
VIEWS
Share on XShare in TelegramShare on Reddit
  • Digital asset investment products saw record $13.2 billion inflows in 2022 so far, surpassing 2021’s $10.6 billion total.
  • Bitcoin dominated inflows with $28.96 billion, making up 99.9% of the $29.16 billion total last week. The US accounted for most inflows.
  • Altcoins saw mixed results – Ethereum, Solana and Polygon saw outflows but Polkadot, Litecoin, Cardano and Binance saw inflows.

Digital asset investment products have seen unprecedented growth in 2022, surpassing last year’s record inflows. This milestone highlights the increasing mainstream adoption of cryptocurrencies as an asset class.

NEW: Digital asset investment products hit a record $13.2 billion in annual net flows

— BlockNews.com (@blocknewsdotcom) March 18, 2024

Record $13.2 Billion Inflow in 2022 So Far

Last week, digital asset investment products saw a $29 billion net inflow, marking two consecutive weeks of record-breaking inflows. This propelled total inflows in 2022 so far to $13.2 billion, exceeding the $10.6 billion for the entire 2021 bull run. Furthermore, the total assets under management of crypto ETPs reached $100 billion before a slight correction to $97 billion.

US Bitcoin Flows Lead the Charge

Bitcoin remained the dominant force, with inflows totaling $28.96 billion, making up 99.9% of the $29.16 billion total inflow last week. While Grayscale’s GBTC saw outflows, BlackRock’s BITO and Fidelity’s FBTC saw significant inflows. The US accounted for nearly all inflows, attracting $29.5 billion. However, countries like Canada and Germany saw outflows.

Mixed Results for Altcoins

While Bitcoin thrived, smart contract platforms like Ethereum, Solana and Polygon saw varying outflows. However, other altcoins like Polkadot, Litecoin, Cardano and Binance saw inflows. Surprisingly, short Bitcoin products also saw inflows despite the bullish sentiment.

Conclusion

The staggering inflows so far in 2022 highlight the growing mainstream adoption of digital assets as investors increasingly allocate funds to cryptocurrencies. Bitcoin remains the prime beneficiary, but altcoins are also attracting significant interest. It will be interesting to see if the momentum continues for the rest of the year.

Tags: BitcoinBITOcryptoDigital AssetGBTC
TweetShareShare

DON'T MISS THESE! HOT OFF THE PRESS

XRP vs Bitcoin: Pro-Ripple Lawyer Pushes Back on Supply Criticism
BITCOIN

XRP vs Bitcoin: Pro-Ripple Lawyer Pushes Back on Supply Criticism

August 13, 2025
Shiba Inu’s Burn Rate Explodes Nearly 84,000%, Price Pops 5% in a Day
CRYPTO

Shiba Inu’s Burn Rate Explodes Nearly 84,000%, Price Pops 5% in a Day

August 13, 2025
The $30 Trillion Shift: Why Real-World Assets Could Be Crypto’s Biggest Game-Changer Yet
CRYPTO

The $30 Trillion Shift: Why Real-World Assets Could Be Crypto’s Biggest Game-Changer Yet

August 13, 2025
Google Drops Plans to Ban Non Custodial Crypto Wallets: Here is the Full Story
BUSINESS

Google Drops Plans to Ban Non Custodial Crypto Wallets: Here is the Full Story

August 13, 2025
Solana Rally Eyes $250, But Traders Remain Split on Momentum
CRYPTO

Solana Rally Eyes $250, But Traders Remain Split on Momentum

August 13, 2025
BONK Jumps 10% Before Sellers Step In — Key Support Still Holding
CRYPTO

BONK Jumps 10% Before Sellers Step In — Key Support Still Holding

August 13, 2025
Load More

Related News

Beijing Turns Up the Heat: China Pressures Tech Giants to Abandon Nvidia H20 Chips in High-Stakes Tech Power Play

Beijing Turns Up the Heat: China Pressures Tech Giants to Abandon Nvidia H20 Chips in High-Stakes Tech Power Play

August 13, 2025
XRP vs Bitcoin: Pro-Ripple Lawyer Pushes Back on Supply Criticism

XRP vs Bitcoin: Pro-Ripple Lawyer Pushes Back on Supply Criticism

August 13, 2025
Shiba Inu’s Burn Rate Explodes Nearly 84,000%, Price Pops 5% in a Day

Shiba Inu’s Burn Rate Explodes Nearly 84,000%, Price Pops 5% in a Day

August 13, 2025
The $30 Trillion Shift: Why Real-World Assets Could Be Crypto’s Biggest Game-Changer Yet

The $30 Trillion Shift: Why Real-World Assets Could Be Crypto’s Biggest Game-Changer Yet

August 13, 2025
Google Drops Plans to Ban Non Custodial Crypto Wallets: Here is the Full Story

Google Drops Plans to Ban Non Custodial Crypto Wallets: Here is the Full Story

August 13, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve Finance FTX grayscale Memecoin metaverse Microstrategy NFT NFTs opinion PEPE ripple sec Shiba Inu Solana Stablecoin Web3 X xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.