CoinShares: Digital asset investment products saw net inflows of $2.2 billion last week
According to the latest weekly report from CoinShares, digital asset investment products saw an inflow of $2.2 billion last week, marking the largest weekly increase since July of this year. Bitcoin saw an inflow of $2.13 billion, and recent price increases led to short positions in Bitcoin seeing an inflow of $12 million, the largest since March of this year. Ethereum also saw an inflow of $58 million, while some altcoins saw inflows, such as Solana ($2.4 million), Litecoin ($1.7 million), and XRP ($700,000). The outflow for multi-asset products was $5.3 million, ending 17 consecutive weeks of inflows.
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