According to CoinShares' latest weekly report, inflows into digital asset investment products amounted to $9 1 million. This month's inflows accounted for 12% of total assets under management, making it the fourth largest month on record. Total inflows this year are now $27 billion, nearly triple the record for $10.50 billion inflows in 2021.
Regionally, the United States had the highest inflows, at $906 million. Germany and Switzerland had inflows of $14.7 million and $9.2 million, respectively, while Canada, Brazil and Hong Kong had smaller outflows, at $10.1 million, $3.6 million and $2.7 million, respectively.
Bitcoin inflows reached $920 million, and Bitcoin short positions saw a small outflow of $1.30 million. Ethereum had the largest outflow of all assets last week, totaling $35 million, while Solana came in second with $10.80 million.
CoinShares: $9 1 million in Digital Asset Investment Products
2024-10-28 09:09:53
Coinshares latest weekly report data digital assets investment products inflowdesk3cryptocurrencydesktopCrypto News
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