Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
CoinShares: Digital asset investment products saw $901 million in inflows

CoinShares: Digital asset investment products saw $901 million in inflows

CointimeCointime2024/10/28 09:11
By:Cointime

According to the latest weekly report data from CoinShares, digital asset investment products saw inflows of $901 million, with this month's inflows accounting for 12% of total assets under management, making it the fourth largest month on record. The total inflow for this year is currently $27 billion, almost three times the record inflow of $10.5 billion in 2021.

In terms of regions, the United States had the highest inflow of funds at $906 million. Germany and Switzerland saw inflows of $14.7 million and $9.2 million respectively, while outflows from Canada, Brazil, and Hong Kong were relatively small at $10.1 million, $3.6 million, and $2.7 million, respectively.

Bitcoin saw inflows of $920 million, with a slight outflow of $1.3 million in short positions. Ethereum had the largest outflow of all assets last week, totaling $350 million, while Solana had the second largest inflow at $108 million.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

AVAX Price Breakout Targets $126 with 450% Surge Potential

AVAX eyes a 450% surge to $126 after a strong breakout, offering over 5.4X potential gains for investors.What’s Driving the AVAX Price Breakout?Should Investors Buy Now?

Coinomedia2025/03/24 17:44
AVAX Price Breakout Targets $126 with 450% Surge Potential

Celestia Hints at Rebound, Arbitrum Unlocks 92.65M Tokens— Meanwhile, Developers Race to Join BlockDAG’s Hackathons

Explore Arbitrum (ARB) token unlock, Celestia (TIA) price analysis, and how BlockDAG’s HackerEarth event drives blockchain builders together.Arbitrum (ARB) Token Unlock Brings Supply Questions Into FocusCelestia (TIA) Price Analysis Signals Key Market LevelsBlockDAG Hackathon Sign-Ups Surge as Seats Begin to FillFinal Thoughts

Coinomedia2025/03/24 17:44
Celestia Hints at Rebound, Arbitrum Unlocks 92.65M Tokens— Meanwhile, Developers Race to Join BlockDAG’s Hackathons