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CoinShares: Last week, net inflows of digital asset investment products reached US$1.18 billion, and transaction volume reached a record high of US$1

CoinShares: Last week, net inflows of digital asset investment products reached US$1.18 billion, and transaction volume reached a record high of US$1

CointimeCointime2024/01/15 10:33
By:Cointime

CoinShares' latest "Digital Asset Fund Flow Weekly Report" released on January 15th showed that digital asset investment products achieved a capital inflow of $1.18 billion last week, which did not break the record of $1.5 billion set when Bitcoin ETF futures were launched. The trading volume last week reached a historic high of $17.5 billion, compared to an average weekly trading volume of $2 billion in 2022. Among these inflows, the United States dominated and achieved a capital inflow of $1.24 billion, while Europe experienced a slight outflow of funds.

Specifically, Bitcoin absorbed a capital inflow of $1.16 billion last week, accounting for 3% of its total assets under management (AuM), while short Bitcoin products also saw a small inflow of $4.1 million. Ethereum attracted a capital inflow of $26 million, while XRP saw an inflow of $2.2 million. Solana was an exception, with only a capital inflow of $500,000 last week. In addition, blockchain stocks also attracted a large capital inflow of $98 million, bringing the total inflow over the past seven weeks to $608 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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