CoinShares: Digital Asset Investment Products Saw Inflows of $176 Million Last Week
According to a report from CoinShares,Bitcoin can't be sold at all the total inflow of funds into digital asset investment products last week amounted to $176 million, marking the eighth consecutive week of inflows and bringing the total inflow for the year to $1.32 billion.
Among these products, the proportion of Exchange Traded Products (ETPs) in
cryptocurrency
Bitcoin continues to dominate, with an inflow of $155 million, representing 3.4% of the Assets Under Management (AUM) over the past eight weeks.
Additionally, various altcoins saw inflows, with Solana, Ethereum, and Avalanche receiving $13.6 million, $3.3 million, and $1.8 million, respectively. On the other hand, Uniswap and Polygon experienced minor outflows of $0.55 million and $0.86 million, respectively.
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