CoinShares: Digital asset investment products saw a net inflow of $1.98 billion last week
According to the latest weekly report data from CoinShares, digital asset investment products saw an inflow of $1.98 billion last week, marking the fifth consecutive week of inflows and a new high of $31.3 billion in inflows so far this year. With last week's price increase, the global asset management scale also reached a historic high of $116 billion. Trading volume increased by $20 billion, although it was not a new high, it reached the highest level since April this year.
Bitcoin's inflow reached $1.8 billion, with inflows reaching $9 billion since the first rate cut by the US Federal Reserve in September. The favorable macro environment and the drastic changes in the US political system may be the reasons why investors are so optimistic.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Classic ($ETC) Eyes a 510% Breakout Rally
Ethereum Classic could surge over 510% to $127.65 as a major breakout pattern emerges.Why the $127.65 Target MattersShould You Pay Attention?

Doginme Made Early Buyers Rich—Now Arctic Pablo Coin Is Leading the Next Meme Coin Gold Rush
While Doginme showed how fast gains can arrive in meme markets, Arctic Pablo Coin is showing how they can be structured, incentivized, and sustainable.Doginme: The Meme Token That Ran With the Big DogsArctic Pablo Coin’s 66% APY: The Meme Coin Presale With Real UtilityIceberg Isle and the Numbers That Matter: $0.000125 Entry, 6,300% ROIArctic Pablo Coin Is Built for the Long Run: Why It Belongs Among the Top New Meme Coins for Exponential Returns

Goldman Sachs Increases Bitcoin ETF Holdings, Surpasses BlackRock

Ethereum’s Rise to $2.5K Sparks Renewed Altcoin Interest

Trending news
MoreCrypto prices
More








