According to the latest weekly report from CoinShares, digital asset investment products saw inflows of $1.98 billion last week, marking the fifth consecutive week of inflows, and the year-to-date inflows have reached a new high of $31.3 billion.
With the price increase last week, the global assets under management also reached a new all-time high of $116 billion. Trading volume grew by $20 billion, which, while not a new high, is the highest level since April this year.
Bitcoin saw inflows of $1.8 billion, and since the Federal Reserve's first rate cut in September, the inflows have reached $9 billion. The favorable macroeconomic environment and the dramatic changes in the US political system may be the reasons for the investors' optimistic sentiment.
