CoinShares: Digital asset investment products saw net inflows of $644 million last week

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According to ChainCatcher, the latest weekly report from CoinShares shows that the cryptocurrency market has regained optimism, with capital inflows breaking the five-week outflow trend, totaling $644 million.

Bitcoin led the recovery, attracting $724 million in capital inflows, while Ethereum experienced the most severe capital outflows of $86 million. Solana saw $6.4 million in inflows, and Polygon and Chainlink showed moderate gains. Other Altcoins with significant capital outflows include Sui ($1.3 million), Polkadot ($1.3 million), TRON ($950,000), and Algorand ($820,000).

Most of the capital inflows came from the United States, reaching $632 million. However, optimistic sentiment was widespread, with Switzerland, Germany, and Hong Kong recording capital inflows of $15.9 million, $13.9 million, and $1.2 million, respectively.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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