The cryptocurrency market witnessed renewed momentum as major coins surged past significant thresholds. Recently surpassing $113,800, a major cryptocurrency has shown resilience, along with the recovery of the fear index. However, institutional investors have faced challenges, painting a less optimistic picture. Understanding the current landscape, we turn to the latest institutional crypto investment report for insights.
Institutional Crypto Investment Report
CoinShares’ weekly report reveals a significant outflow of $812 million in recent weeks. Despite this, the year commenced with a robust inflow of $39.6 billion, maintaining a record high. The net annual inflow of almost $40 billion reflects positive sentiment, with expectations for increased risk appetite in the final quarter.
Some experts hope for a total net inflow of $68 billion by year‑end, marking a notable demand compared to other ETF‑indexed investment products. With over 100 pending ETF applications, the numbers could see substantial growth in the coming months, offering an expanded array of alternatives.
Report Details
Complex economic scenarios emerged last week due to robust GDP and private consumption figures. This reduced expectations for two interest‑rate cuts this year, leading to a $812 million net outflow from institutional investors. Nonetheless, September’s inflows remain positive, surpassing $4 billion.
BTC accounted for the majority of outflows, with a staggering $719 million. The lack of a strong influx into short‑selling products indicates that investors are deterred more by short‑term uncertainties than sustained decline concerns.
Despite Ethereum’s $409 million outflow, September’s inflows remain positive at $86.2 million. Continued declines could result in a negative monthly closure; however, this seems unlikely as Ether remains stable above the $4,000 level.
Expectations around ETF approvals prompted significant inflows for Solana and XRP products, with $291 million and $93.1 million, respectively. The SEC is anticipated to grant ETF approvals by October or November. Despite the over 100 pending ETF applications, there’s a strong belief in imminent approvals for these two.