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CoinShares: Digital asset investment products saw $407 million inflows last week

CoinShares: Digital asset investment products saw $407 million inflows last week

CointimeCointime2024/10/14 08:30
By:Cointime

According to a report by CoinShares, digital asset investment products saw a total inflow of $407 million last week. Bitcoin had the highest inflow, reaching $419 million, making it the main beneficiary of recent political changes. In contrast, short-term Bitcoin investment products saw an outflow of $6.3 million. Various asset investment products saw a continuous inflow for the 17th week, but the amount was small, only $1.5 million. Ethereum, on the other hand, resumed its outflow trend, with a total outflow of $9.8 million last week. The weekly inflow of blockchain stock ETFs was one of the largest this year, reaching a total of $34 million, which may be a response to the recent rise in Bitcoin prices.

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