Investors Poured Over $2B Into Crypto Investment Products Last Year: CoinShares

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.