CoinShares: Digital Asset Investment Products Record Six Weeks of Consecutive Inflows
According to the latest report from CoinShares,Virtual currency market 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
- Bitcoin Faces Potential Volatility Amid US Tariffs on Iraq and Libya and Market Uncertainty
- ETH Breaks $3k as Spot Ether ETFs Registers Record Inflows
- Dogecoin (DOGE) Rockets to $0.20 — Can It Go Even Higher?
- Bonk & Snorter Token Explode?
- Husky Inu (HINU) Rises To $0.00018686 As Bitcoin (BTC) Teases Move Past $110,000
- Bitcoin Hits $118K, Triggers Over $1B in Short Liquidations
- Bit Digital shifts from BTC mining to ETH staking
- The Upgraded Version Of MATIC