CoinShares: Total inflows into digital asset investment products reached $441 million last week
Odaily2024/07/08 10:12
By:Odaily
Odaily News CoinShares latest weekly report shows that digital asset investment products saw a total inflow of $441 million last week, with recent price weakness caused by Mt Gox and selling pressure from the German government likely to be seen as a buying opportunity.
Bitcoin investment products saw inflows of $398 million, but as investors chose to invest in a wider range of altcoins, Bitcoin investment product inflows accounted for only 90% of the total inflows of digital asset investment products.
Blockchain stocks did not reflect the improvement in investor sentiment, with another $8 million of funds flowing out last week.
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