CoinShares: Bitcoin's all-time high drives global crypto ETPs to record weekly net inflows of nearly $6 billion
According to ChainCatcher, asset management firm CoinShares released a weekly report showing that global crypto asset exchange-traded products (ETPs) recorded nearly $6 billion in net inflows last week, setting a new all-time high for single-week inflows. Assets under management (AUM) were also pushed to a historic high of $254 billion. This strong capital inflow was mainly driven by the surge in the price of bitcoin (BTC) to a record high of $125,750.
Among them, digital asset products in the United States dominated, with net inflows reaching a record $5 billion. Bitcoin ETFs alone attracted $3.55 billion in net inflows, demonstrating extremely optimistic institutional and market sentiment toward crypto assets.
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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