CoinShares: Net Inflows of $137 Million in Digital Asset Investment Products Last Week

Abstract:CoinShares: Net Inflows of $137 Million in Digital Asset Investment Products Last Week

CoinShares' latest weekly report shows that there was a net inflow of $137.4 million into digital asset investment products last week. Over the past four weeks, the cumulative inflows amounted to $742 million, marking the largest inflow since the fourth quarter of 2021.

The majority of the inflows came from BTC, totaling $1.4 billion. Although the price of ETH has been rising recently, it did not attract inflows as it saw an outflow of $2 million last week.

The trading volume of investment products remains significantly higher than the annual average of $1.4 billion, reaching a total of $2.3 billion last week. Currently, these trading volumes account for a much larger proportion of the overall cryptocurrency market, representing 11% last week compared to the average level of 2%.

In terms of regions, the inflows are predominantly concentrated in North America, with a slight outflow observed in Europe.

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