CoinShares: Last week, digital asset investment products saw an inflow of 407 million US dollars
The latest weekly report from CoinShares shows that digital asset investment products had an inflow of $407 million last week. Bitcoin's total inflow reached $419 million, making it a major beneficiary of recent political changes.
In contrast, the outflow of short-term Bitcoin investment products was $6.3 million. Various asset investment products flowed in for the 17th consecutive week, but the amount was not large, only $1.5 million. Ethereum resumed its outflow trend with a total outflow of $9.8 million last week.
The weekly inflow volume of blockchain stock ETFs is one of the largest this year, reaching a total of $34 million, which may be a response to the recent rise in Bitcoin prices.
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.
You may also like
US real estate investment firm Cardone Capital purchases another 935 BTC
Nillion will gradually migrate to Ethereum
Nillion will gradually migrate to Ethereum