Data provided by CoinShares shows that investors poured over $2 billion into digital asset investment exchange-traded products (ETPs) in 2023, making it the third largest year for net inflows dating back to 2017.
The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 80 million users worldwide. Let's take a look at the chart of the day. Coin shares. Data shows that investors poured over $2 billion the digital asset investment exchange traded products in 2023. That makes it the third largest year for net inflows dating back to 2017. A pretty lackluster year of flows turned higher in the final quarter of last year as excitement about a spot Bitcoin ETF approval in the US revved the final week of 2023 alone saw more than $240 million of net inflows into digital asset. Etps. Bitcoin was the clear winner from improving investor sentiment with nearly $2 billion of inflows last year and representing 87% of total flows. That's a wrap for today's chart of the day. I'm Jen Sasi. We'll see you next time to unpack more of the data behind top news stories.