Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
CoinShares: Digital asset investment products received $3.85 billion in inflows last week

CoinShares: Digital asset investment products received $3.85 billion in inflows last week

CointimeCointime2024/12/09 10:11
By:Cointime

According to the latest weekly report from CoinShares, the weekly inflow of digital asset investment products reached a record high of $3.85 billion last week. This brings the total inflow for the year to date to $41 billion, a historic high for total assets under management (AuM) of $165 billion - the previous cycle high before 2021 was $10.6 billion, with a maximum AuM of $83 billion. The weekly inflow of Ethereum reached a historic high of $1.2 billion, surpassing the inflow of ETFs launched in July. Meanwhile, Solana's outflow reached $14 million. Blockchain stock inflows reached $124 million, the largest inflow since January of this year.

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

Solana-based social graph protocol Tapestry raises $5.75 million in Series A funding

Tapestry raised $5.75 million in a Series A round co-led by Union Square Ventures and Fabric Ventures.Tapestry is a Solana-based social graph protocol designed to create an ecosystem of applications with social features.

The Block2025/01/16 19:00

The Daily: Trump 'receptive' to an 'America-first' crypto reserve, XRP hits new all-time high and more

President-elect Donald Trump is open to creating an “America-first” crypto reserve prioritizing U.S.-based coins like USDC, SOL and XRP, the New York Post reported, citing sources familiar with the matter.XRP hit a new all-time high of around $3.39 via major crypto exchanges on Thursday for the first time since January 2018, following a 16% surge in 24 hours and a 455% rise over the past quarter.A Litecoin ETF is the “most likely” next spot crypto ETF to be approved in the U.S., according to Bloomberg anal

The Block2025/01/16 19:00

BTC breaks through $99,000

Cointime2025/01/16 18:01