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CoinShares: Digital asset investment products saw $901 million in inflows

CoinShares: Digital asset investment products saw $901 million in inflows

CointimeCointime2024/10/28 09:11
By:Cointime

According to the latest weekly report data from CoinShares, digital asset investment products saw inflows of $901 million, with this month's inflows accounting for 12% of total assets under management, making it the fourth largest month on record. The total inflow for this year is currently $27 billion, almost three times the record inflow of $10.5 billion in 2021.

In terms of regions, the United States had the highest inflow of funds at $906 million. Germany and Switzerland saw inflows of $14.7 million and $9.2 million respectively, while outflows from Canada, Brazil, and Hong Kong were relatively small at $10.1 million, $3.6 million, and $2.7 million, respectively.

Bitcoin saw inflows of $920 million, with a slight outflow of $1.3 million in short positions. Ethereum had the largest outflow of all assets last week, totaling $350 million, while Solana had the second largest inflow at $108 million.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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