Digital asset investment products see net inflow for 9 consecutive weeks…Largest cumulative inflow on record this year
Heecheol Yang
Summary
- Digital asset investment products reportedly saw a net inflow of $1.9 billion, marking 9 consecutive weeks of inflows.
- The cumulative net inflow so far this year has reached a record $13.2 billion.
- Investor interest is reportedly focused on Bitcoin, Ethereum, and some altcoin products.
Digital asset investment products saw a net inflow of $1.9 billion last week. This marks 9 consecutive weeks of net inflows, and a record-high cumulative inflow of $13.2 billion since the start of the year.
According to Wu Blockchain on the 16th (local time), based on CoinShares data, Bitcoin investment products saw a net inflow of $1.3 billion in the second week of June, rebounding successfully, while Ethereum products saw an inflow of $583 million—the highest weekly inflow since February.
Among altcoins, XRP products attracted $11.8 million and Sui products drew $3.5 million, indicating renewed investor interest in altcoins.
Heecheol Yang
heecheol@bloomingbit.ioHello, I'm a reporter at bloomingbit
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