Digital Asset Investments Hit Record $17.8 Billion YTD, Bitcoin Leads with $1.35 Billion Inflows

Jul 15, 2024, 12:29 PM

Digital asset investment products saw significant inflows last week, with $1.44 billion in net inflows, according to CoinShares. This surge brings the year-to-date total to a record $17.8 billion, surpassing the previous record of $10.6 billion set in 2021. Bitcoin led the inflows with $1.35 billion, marking its fifth-largest weekly inflow on record. Bitcoin ETFs also saw $1.05 billion in inflows. Ethereum saw $72 million in inflows. Major asset managers like Ark Invest, BlackRock, and Fidelity registered substantial investments, highlighting growing investor confidence in digital assets. Notably, this marks the third straight week of inflows for Bitcoin.