CoinShares: Digital asset investment products have seen an inflow of $901 million this month
According to the latest weekly report from CoinShares, digital asset investment products saw an inflow of $901 million, accounting for 12% of total assets under management this month, making it the fourth largest monthly inflow on record.
The total inflow for this year is currently at $27 billion, nearly triple the $10.5 billion recorded in 2021.
In terms of regions, the United States had the highest fund inflows at $906 million. Germany and Switzerland's fund inflows were respectively at $14.7 million and $9.2 million, while Canada, Brazil and Hong Kong had smaller outflows at $10.1 million, $3.6 million and $2.7 million respectively.
Bitcoin attracted funds amounting to $920 million with a slight outflow of short positions worth about 1.3$ Million . Ethereum was last week's most heavily withdrawn asset with a total value of 35$ Million , while Solana came second in terms of inflows with an amount totaling to 10.8$ Million .
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.
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