CoinShares: Digital Asset Investment Products Saw $3.3 Billion Inflows Last Week
CoinShares' latest weekly report shows that digital asset investment products saw inflows of $3.3 billion last week, marking six consecutive weeks of inflows totaling $10.5 billion. Year-to-date (YTD) inflows have reached a new high of $10.8 billion, while total assets under management (AuM) hit a record high of $187.5 billion earlier this week. Bitcoin led with $2.9 billion in inflows, accounting for a quarter of the total inflows in 2024. Ethereum saw inflows of $326 million, the highest level in 15 weeks, and with market sentiment continuing to improve, Ethereum rose for the fifth consecutive week. XRP's 80-week streak of inflows ended with an outflow of $37.2 million, setting a new record.
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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