Криптофонды продолжают расти: приток в $1,9 млрд и рекордные $40,4 млрд активов под управлением Translation: Crypto funds continue to grow: $1.9 billion inflow and record $40.4 billion in assets under management

From September 12 to 20, investment products based on digital assets saw an influx of $1.9 billion, according to a report from CoinShares.

«After months of anticipation, the Federal Reserve lowered its key interest rate. Although investors initially responded cautiously to the regulator’s shift from a ‘hawkish’ stance, the inflow of funds resumed by the end of the week — $746 million entered on Thursday and Friday as the markets began to grasp the implications,» analysts noted.

The assets under management (AUM) of exchange-traded funds reached a new annual high of $40.4 billion, drawing closer to the total figure for 2024 of $48.6 billion.

The majority of the weekly influx was directed towards Bitcoin products, totaling $977 million. Ethereum funds attracted $772 million, bringing the year-to-date total to a record $12.6 billion.

Funds focused on Solana and XRP raised $127.3 million and $69.4 million, respectively. On September 19, the U.S. launched a spot ETF based on Ripple cryptocurrency, which saw a total trading volume of $37.7 million during its debut session.

Regionally, the U.S. led with $1.8 billion in inflows, followed by Germany ($51.6 million), Switzerland ($47.3 million), and Brazil ($9.3 million).

From September 5 to 13, investment products linked to digital assets reported an inflow of $3.3 billion.

The new week in the cryptocurrency market began with a decline. On September 22, Bitcoin’s price fell to $112,000, while Ethereum’s dipped to $4,000. Daily liquidations reached $1.7 billion.

Over the last 24 hours, all cryptocurrencies in the top 10 by market capitalization showed losses. XRP, Solana, and Dogecoin experienced the greatest declines, dropping by 5.9%, 7.5%, and 10.8%, respectively.

It’s worth noting that amid this correction, analysts diverged in their opinions regarding the seasonal growth of digital assets in October.