Editor's PiCK

Last week, $1.9 billion flowed into digital asset investment products… Monthly inflows reach an all-time high

Source
YM Lee

Summary

  • It was reported that $1.9 billion flowed into digital asset investment products last week.
  • In particular, Ethereum (ETH)-related products led the market with $1.59 billion in inflows, while Bitcoin-related products saw $175 million in outflows.
  • Among major altcoins, Solana (SOL) and XRP saw capital inflows of $311 million and $189 million, respectively.

Last week, a staggering $1.9 billion flowed into digital asset investment products.

On the 28th (local time), cryptocurrency asset manager CoinShares published its 'Weekly Digital Asset Fund Flows' report, stating, "Last week, digital asset investment products saw $1.9 billion in inflows, with Ethereum (ETH)-related products leading the market." This month’s total influx amounts to $11.2 billion, marking the highest monthly figure on record.

According to the report, the product with the most significant capital inflow last week was Ethereum-related, totaling $1.59 billion, while Bitcoin-related products experienced $175 million in outflows.

Among major altcoins, Solana (SOL) and XRP stood out. Solana attracted $311 million and XRP saw $189 million in capital inflows, while Sui (SUI) recorded $8 million in net inflows.

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YM Lee

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