CoinShares: Digital asset investment products saw inflows of 1.2 billion dollars last week
Foresight News reports that CoinShares has released its latest weekly report, stating that digital asset investment products saw inflows of $1.2 billion last week, marking the fourth consecutive week of net inflows. Driven by Bitcoin trading prices surpassing $76,000, total assets under management (AuM) rose to $155 billion, the highest level since February 1. Of this, Bitcoin recorded inflows of $933 million, with year-to-date inflows totaling $4 billion; Ethereum saw inflows of $192 million, marking the third consecutive week with inflows exceeding $190 million. Blockchain stock ETFs accumulated inflows of $617 million over the past three weeks, setting a weekly inflow record. By region, the United States led with inflows of $1.1 billion, while Germany, Switzerland, and Canada saw inflows of $61.7 million, $35.2 million, and $15 million, respectively. Additionally, short Bitcoin products recorded inflows of $16.5 million. The market is currently watching the FOMC interest rate decision scheduled for April 28 to 29.
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
CNN Enters Generative AI Partnership with Google
US Stock Market Movement | Nvidia-backed AI pharmaceutical company Iambic Therapeutics (IAM.US) debuts on Nasdaq, surging over 11% after opening
As of press time, the stock is up more than 11%, trading at $17.77.
US Stock Market Movement | 3D Printing Materials Supplier Amaero (AMRO.US) Debuts on US Stock Market, Trading Halt Triggered After Opening
Amaero, a manufacturer specializing in titanium and refractory metal powders for 3D printing in the defense and aerospace sectors, has gone public on the US stock market.

