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CoinShares: Last week, net inflows into digital asset investment products amounted to $2.20 billion.

PANewsNov 4, 2024

CoinShares' latest weekly report shows that last week, digital asset investment products saw inflows of $2.20 billion, bringing the year-to-date total inflows to a record $29.20 billion. This inflow, coupled with recent price increases, has pushed total assets under management (AuM) to exceed $100 billion for only the second time in history, with trading volume increasing by 67% week-on-week. Regionally, inflows in the United States amounted to $2.20 billion, while Germany saw inflows of $5.10 million. Bitcoin was the sole beneficiary, with inflows of $2.20 billion, while Ethereum's inflows were tepid, totaling $9.50 million, in stark contrast to the bullish momentum of Bitcoin and Solana, which saw inflows of $5.70 million last week. A series of altcoins experienced smaller inflows, with the most notable being Polkadot ($670 thousand) and Arbitrum ($200 thousand).

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CoinShares: Last week, net inflows into digital asset investment products amounted to $2.20 billion.

PANewsNov 4, 2024

CoinShares' latest weekly report shows that last week, digital asset investment products saw inflows of $2.20 billion, bringing the year-to-date total inflows to a record $29.20 billion. This inflow, coupled with recent price increases, has pushed total assets under management (AuM) to exceed $100 billion for only the second time in history, with trading volume increasing by 67% week-on-week. Regionally, inflows in the United States amounted to $2.20 billion, while Germany saw inflows of $5.10 million. Bitcoin was the sole beneficiary, with inflows of $2.20 billion, while Ethereum's inflows were tepid, totaling $9.50 million, in stark contrast to the bullish momentum of Bitcoin and Solana, which saw inflows of $5.70 million last week. A series of altcoins experienced smaller inflows, with the most notable being Polkadot ($670 thousand) and Arbitrum ($200 thousand).

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