CoinShares: Digital Asset Investment Products Record Six Weeks of Consecutive Inflows
WikiBit 2023-11-07 10:58CoinShares: Digital Asset Investment Products Saw Inflows of $261 Million Last Week, Marking Six Consecutive Weeks of Inflows
According to the latest report from CoinShares, digital asset investment products saw inflows of $261 million last week, marking the sixth consecutive week of inflows. The total inflows now stand at $767 million, surpassing the total inflows of $736 million in 2022.
Bitcoin investment products attracted a total of $229 million in inflows, bringing the year-to-date inflow to $842 million. Ethereum saw its largest inflow since August 2022, totaling $17.5 million.
Other altcoins, such as Solana, witnessed inflows of $11 million, while Chainlink received $2 million in inflows, accounting for 17% of the total assets under management. Polygon and Cardano also had inflows of $800,000 and $500,000, respectively.
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