CoinShares: Last week, the inflow of funds into digital asset investment products reached $226 million
According to a report by Golden Finance, CoinShares' latest weekly report shows that last week saw an inflow of $226 million into digital asset investment products, indicating investors are maintaining a positive but cautious attitude. After setting the record for the largest outflow ever, ETP has seen inflows for 9 consecutive trading days. The total inflow of Bitcoin reached $195 million, while short-term Bitcoin investment products experienced their fourth consecutive week of outflows totaling $2.5 million.
The recent price drop has brought down the total assets under management (AUM) of global Bitcoin ETPs to its lowest level since the US election at $114 billion. Altcoins had their first week of net inflows amounting to $33 million after four weeks in a row with a total outflow of $1.7 billion. The main beneficiaries were Ethereum, Solana, XRP and Sui with respective inflows of $14.5 million, $7.8 million, $4.8 million and 4$ million.
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.
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