Editor's PiCK
Last Week's Digital Asset Investment Products See Record Inflow of $3.85 Billion
Summary
- It was reported that last week, digital asset investment products saw a record inflow of $3.85 billion.
- Particularly, Bitcoin and Ethereum received $2.5 billion and $1.2 billion respectively, showing investors' cautious betting.
- A total of $41 billion has been invested in digital assets this year, reflecting increased investor interest.
Last week, digital asset investment products saw an inflow of $3.85 billion.
On the 9th, the cryptocurrency management firm CoinShares reported in its 'Weekly Digital Asset Investment Product Fund Flows' report that "$3.85 billion was invested in digital investment products last week." The amount of funds inflowed last week set a new record high. So far this year, $41 billion has been invested in digital asset investment products.
The report stated, "Bitcoin (BTC) saw an inflow of $2.5 billion last week. Despite the recent price surge, more funds have flowed in," explaining that "this suggests that investors are cautiously betting even after the recent surge."
Ethereum (ETH) also saw a significant increase in fund inflows. The report added, "Ethereum recorded a historic inflow of $1.2 billion last week," noting that "more funds have flowed into Ethereum investment products than when the spot ETF was launched last July."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
