CoinShares: Digital asset investment products saw $226 million in inflows last week
the latest weekly report from CoinShares shows that digital asset investment products saw a total inflow of $226 million last week, indicating that investors are maintaining a positive but cautious attitude. Following the largest ever outflow of funds, ETPs have seen inflows for 9 consecutive trading days.
The total inflow for Bitcoin reached $195 million, while short-term Bitcoin investment products saw outflows for the fourth consecutive week, totaling $2.5 million. The recent price decline has led to the total assets under management of Bitcoin global ETPs falling to the lowest level since the US election, at $114 billion.
The total inflow for altcoins in the first week was $33 million, after four consecutive weeks of outflows totaling $1.7 billion. The main beneficiaries were Ethereum, Solana, XRP, and Sui, with inflows of $14.5 million, $7.8 million, $4.8 million, and $4 million respectively.
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.
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