Editor's PiCK

Last week, global digital asset investment products saw a net inflow of $3.717 billion, the second largest on record

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Son Min

Summary

  • CoinShares announced that last week, global digital asset investment products saw inflows of $3.717 billion, recording the second largest weekly net inflow in history.
  • In particular, Bitcoin (BTC) investment products took first place with a net inflow of $2.731 billion, and Ethereum (ETH) also achieved its 12th consecutive weekly net inflow, with $990.4 million coming in.
  • By country, the United States led the net inflows, while Germany and Sweden each recorded net outflows.

Last week, global digital asset (cryptocurrency) investment products received inflows totaling $3.717 billion (₩5,135.4 billion), marking the second largest weekly inflow ever recorded.

On the 14th (local time), CoinShares stated in a report, "Last week, $3.717 billion flowed into digital asset investment products, the second largest weekly inflow ever," adding, "The streak of 13 consecutive weeks of inflows continues, bringing the cumulative total to $21.8 billion." The report continued, "Assets under management (AUM) for global digital asset investment products have neared an all-time high of $211 billion," and "global exchange-traded product (ETP) trading volume also reached $29 billion, which is double the weekly average for this year."

By asset, Bitcoin (BTC) products ranked first, recording a net inflow of $2.731 billion. The report stated, "Assets under management for Bitcoin products have reached $179.5 billion," and "this is equivalent to 54% of the AUM for gold ETPs." It also noted that, "Short (sell) Bitcoin products saw almost no trading."

Ethereum (ETH) products received inflows of $990.4 million, securing second place. The report mentioned, "Ethereum has had 12 consecutive weeks of inflows," and "over the same period, the inflow accounted for 19.5% of the global Ethereum AUM."

Products like Solana (SOL) and Sui (SUI) also saw positive trends, with inflows of $92.6 million and $3.5 million, respectively. However, XRP products experienced outflows of $104 million.

By country, inflows originating from the United States were strong. U.S.-based digital asset products alone saw net inflows of approximately $3.738 billion, while Switzerland and Canada saw $65.8 million and $17.1 million in inflows, respectively. In contrast, Germany and Sweden recorded net outflows of $85.7 million and $15.7 million, respectively.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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