CoinShares: Digital asset investment products received $1.05 billion in inflows last week
According to the CoinShares weekly report, digital asset investment products have seen consecutive inflows for the third week in a row, totaling $1.05 billion. The cumulative inflow for this year has reached a historical high of $14.9 billion. Most of the funds flowed into Bitcoin ETP, with a total inflow of $1.01 billion last week. This week, Ethereum's inflow reached $36 million, the highest level since March, which may be an early reaction to the approval of the ETH ETF in the United States.
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.
You may also like
Celestia Foundation Raises $100M, Aims to Revolutionize Blockchain Scalability with New Roadmap
Bitwise CIO says ‘the most powerful people in finance’ are allocating to crypto
An increasing number of top financial advisors are allocating toward crypto assets in their personal portfolios, according to Bitwise CIO Matt Hougan.When allocations spread from advisors to their clients, “things could get interesting quickly,” Hougan said.
Hamster Kombat NFT Game Bans +2.3M Users For Cheating – Recovers 6.5 Tokens From These Users
Cathie Wood's Ark Invest offloads another $2.8 million worth of its own spot Bitcoin ETF
Ark Invest offloaded 44,609 ARKB spot Bitcoin ETF shares on Monday, worth $2.8 million, as the investment firm rebalanced its fund weightings.The Cathie Wood-led firm has sold a total of $17.5 million in ARKB shares from its ARKW fund but still holds $139.7 million of the spot Bitcoin ETF.
Trending news
MoreCrypto prices
More
