CoinShares: Crypto investment product inflows in 2023 will be $2.25 billion, the third largest year since 2017

CoinShares' annual fund report shows that the total inflow of digital asset investment products in 2023 reached $2.25 billion, making it the third largest year since 2017. In addition, the inflow is 2.7 times that of 2022, marking a dramatic shift in this asset class. Bitcoin was the biggest beneficiary of improved investor sentiment, with inflows of $1.9 billion, accounting for 87% of total inflows. The total assets under management (AuM) increased by 129% to reach $51 billion, the highest level since March 2022.