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Заголовок The Market Sell-Off Isn’t Deterring Institutional Crypto Investors, Inflows On An Upward Trend
Дата 20241224

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============= Обработанный текст:
The Market Sell-Off Isn t Deterring Institutional Crypto Investors, Inflows
On An Upward Trend

The Market Sell-Off Isn t Deterring Institutional Crypto Investors,
Inflows On An Upward Trend

by Nicola-Jane Ford

21 minutes ago

in Altcoin News , Crypto News

0

The small fish may be reacting to market-wide selling pressure, but
institutional crypto investors have adopted a different stance, pouring
hundreds of millions into digital asset investment vehicles last week.

According to a CoinShares report , digital asset investment products saw
inflows totaling $308M, masking December 19’s $576M outflows (the single
largest day). Total outflows in the final 48 hours of last week stood at $1B.

“While these outflows may sound alarming, they comprise just 0.37% of total
AuM (assets under management), ranking as the 13th largest single-day outflow
on record,” the report notes. “The largest single-day outflow took place in
mid-2022 when the FOMC (Federal Open Market Committee) interest rate hike
prompted $540M outflows (2.3% of AuM.)” Crypto digital assets are seeing
significant growth. Source: CoinShares

Price corrections, meanwhile, saw a $17.7B reduction in total AuM for digital
asset
exchange-traded products (ETPs), which CoinShares attributes to a market
response to economic projections released by the FOMC on December 18. The US
economy is forecast to grow 2.5% this year and 2.1% in 2025.

Institutional Crypto Investors Favor $BTC and $ETH

CoinShares adds that multi-asset investment products experienced the most
dramatic outflows in the same period, at a total of $121M last week.

On the other hand, Bitcoin ($BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin) saw $375M in net inflows, compared to
Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum’s ($ETH) $51M. Whales played a significant role in $ETH inflows over
the past few days, acquiring more than $1B (340K $ETH) despite $ETH s
current correction phase.

Meanwhile, Binance reports that $ETH exchange-traded funds (ETFs) saw net
inflows of $62.73M between December 16 and December 20. That brings the
cumulative historical net inflow of $ETH ETFs to a total of $2.328B, with a
total net asset value of $12.155B.

Whale Activity To Spur Meme Coin Crypto Prices

$ETH isn’t the only token attracting whales. Despite the recent dip, Dogecoin
($DOGE) has also seen increased whale activity, with two recent transactions
totaling $23.5M and $34M respectively.

Typically, whale inflows signal investor confidence and act as a precursor to
a crypto rally, so it appears market sentiment is about to change.

That’s particularly good news for meme coin newcomers, including the recently
listed Pepe Unchained ($PEPU) and Crypto All-Stars ($STARS), as well as Wall
Street
Pepe ($WEPE) , which is currently on presale.

Wall Street Pepe has a personal vendetta against whales trading in insider
groups. That’s why he is assembling an army of retail investors. And by
sharing his trading knowledge and market insights with them, hell turn those
little guys into whales in their own rights. This clear and relatable goal
makes $WEPE one of the best meme coins this December.

Wall Street Pepe ($WEPE) is growing his frog army of retail crypto investors,
with plans to turn them into whales

Despite a broader market turndown, investors have been flocking to the $WEPE
presale. Since launching just 21 days ago, $WEPE raised over $35M, including
$1.67M in the past 24 hours. This also raises the question: could $WEPE be the
token that dethrones $PEPE?

Time for Retail Investors to Lead the Charge

$WEPE’s current price of $0.000365 is due to increase today. Even then, it
will be a great early-bird investment — and an opportunity to support
$WEPE s mission to even the playing field for retail and institutional
crypto investors.

But first, please take the time to DYOR; this article does not constitute
financial advice. Find out more by visiting the official website , reading the
$WEPE whitepaper, and checking out the X channel .

============= Итог: 3,5320 ; Экономика#Финансы#Платежные средства#Платежные системы интернета #Криптовалюта#Ethereum#Bitcoin 3,5320 ; Экономика#Финансы#Платежные средства#Платежные системы интернета #Криптовалюта#Bitcoin#Ethereum


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