According to the latest report from CoinShares, digital asset investment products saw a net inflow for the second consecutive week, totaling $321 million. The FOMC's stance was more dovish than expected, resulting in a 9% increase in asset under management (AuM) and a total volume of investment products traded at $9.50 billion, up 9% from the previous week.
Bitcoin was the main focus, with net inflows of $284 million, while shorting Bitcoin products also attracted $5.10 million. Ethereum saw net outflows for the fifth consecutive week, with $29 million last week, mainly due to continued outflows from existing Grayscale trusts and limited inflows from new ETFs. Meanwhile, Solana investment products continued to have small and steady inflows, with inflows of $3.20 million last week.
Data: CoinShares: Digital asset investment products saw net inflows for the second consecutive week last week, totaling $321 million
2024-09-23 08:53:30
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