Digital asset investment products saw a net inflow of $2.2 billion last week
This article is machine translated
Show original
According to the latest weekly report from CoinShares, digital asset investment products saw net inflows of $2.2 billion last week, bringing the total inflows so far this year to a record $33.5 billion.
Specifically, Bitcoin saw inflows of $1.48 billion, while $49 million flowed into short products. Ethereum reversed its previous downtrend, with inflows of $646 million, accounting for around 5% of its assets under management, influenced by the Beam Chain network upgrade proposal and the US election. Additionally, Solana received $24 million in inflows.
Looking at the regional distribution, the US saw inflows of $2.2 billion, while Hong Kong, Australia, and Canada received $27 million, $18 million, and $13 million, respectively. Sweden and Germany, on the other hand, experienced outflows of $58 million and $6.8 million, respectively.
Source
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.
Like
Add to Favorites
Comments
Share
Relevant content