CoinShares: Digital Asset Investment Products Record Six Weeks of Consecutive Inflows
According to the latest report from CoinShares,Runaway digital currencies digital asset investment products saw inflows of $261 million last week, marking the sixth consecutive week of inflows. The total inflows now stand at $767 million, surpassing the total inflows of $736 million in 2022.
Bitcoin investment products attracted a total of $229 million in inflows, bringing the year-to-date inflow to $842 million. Ethereum saw its largest inflow since August 2022, totaling $17.5 million.
Other altcoins, such as Solana, witnessed inflows of $11 million, while Chainlink received $2 million in inflows, accounting for 17% of the total assets under management. Polygon and Cardano also had inflows of $800,000 and $500,000, respectively.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Related Recommendations
- Deaton Targets Linqto Panel and Fraud Suit for Recovery
- XRP price targets breakout above $3 as BTC hits fresh ATH
- Video Game Performers Secure AI Consent Rules in New SAG
- NRW.BANK Issues First Fully Digital Bond on Polygon Blockchain Worth €100 Million
- Best Crypto to Buy as Bitcoin Broke Through New ATH
- XRP Price Prediction: XRP Chart Mirrors 2017 Rally—Could $5 Be Closer Than Expected?
- Deaton Targets Linqto Panel and Fraud Suit for Recovery
- NRW.BANK Issues First Fully Digital Bond on Polygon Blockchain Worth €100 Million