Loading...
Market
What will be the total net weekly inflows for digital asset investment products in the last week of September 2024?
2
Resolution / Starting Odds
Below $100 million • 25%
$100 million - $200 million • 25%
$200 million - $300 million • 25%
Above $300 million • 25%
Publicly available cryptocurrency investment data from sources like CoinShares or Glassnode
Story
Bitcoin Leads $321M Weekly Crypto Inflows, $92M in Single Day Post-Fed Rate Cut
Sep 23, 2024, 10:48 AM
Bitcoin and other cryptocurrency investment products have experienced significant inflows following the U.S. Federal Reserve's decision to cut interest rates by 50 basis points. Bitcoin ETFs saw inflows worth $92 million in a single day and led the market with $284 million in total weekly inflows. This surge has pushed Bitcoin's price to a high of $64,000, its highest level since August. The overall digital asset investment products saw $321 million in net weekly inflows. However, Ethereum ETFs faced outflows, losing $29 million over the same period, and navigating a mixed market. Notably, Bitcoin ETFs had only a single net outflow in the last seven days. The rate cut has also resulted in a strong positive correlation between crypto and U.S. stocks, with the correlation coefficient nearing record levels.
View original story
Similar markets
Below $10 billion • 25%
$10 billion - $15 billion • 25%
$15 billion - $20 billion • 25%
Above $20 billion • 25%
Below $1B • 25%
$1B to $2B • 25%
$2B to $3B • 25%
Above $3B • 25%
Less than $300 million • 25%
$300 million to $500 million • 25%
$500 million to $700 million • 25%
More than $700 million • 25%
Below $30 billion • 25%
$30 billion to $40 billion • 25%
$40 billion to $50 billion • 25%
Above $50 billion • 25%
Less than $20 billion • 25%
$20 billion to $25 billion • 25%
$25 billion to $30 billion • 25%
More than $30 billion • 25%
$35 billion • 25%
$40 billion • 25%
$45 billion • 25%
Above $45 billion • 25%
Net Inflows > $500M • 25%
Net Inflows between $0 and $500M • 25%
Net Outflows between $0 and $500M • 25%
Net Outflows > $500M • 25%
Bitcoin • 25%
Ethereum • 25%
Other Altcoins • 25%
Stablecoins • 25%
Yes • 50%
No • 50%
$1.5 billion to $2 billion • 25%
Less than $1 billion • 25%
$1 billion to $1.5 billion • 25%
More than $2 billion • 25%
Less than $50 million • 25%
$50 million to $75 million • 25%
$75 million to $100 million • 25%
More than $100 million • 25%