CoinShares: Digital asset investment products flowed into $1.9 billion last week
According to online reports, CoinShares 'latest report showed that digital asset investment products recorded a capital inflow of US$1.9 billion last week, bringing the cumulative inflow this month to a record US$11.2 billion, significantly exceeding the US$7.6 billion recorded after the December 2024 U.S. election inflow. This marks the 15th consecutive week of positive sentiment in the market. Ethereum performed well, attracting US$1.59 billion in capital inflows last week, setting its second-highest weekly inflow record in history. So far this year, Ethereum's total capital inflows have reached US$7.79 billion, exceeding the total for the whole of last year. In comparison, the $175 million outflow from Bitcoin may be related to market expectations for ETFs rather than the broad altcoin season. Among other altcoins, Solana and XRP attracted inflows of US$311 million and US$189 million respectively, performing strongly;SUI also recorded inflows of US$8 million. However, the inflow of some altcoins slowed down, with Litecoin flowing out of US$1.2 million and Bitcoin Cash flowing out of US$660,000.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.