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VisitDigital Asset Investments Hit Record $17.8B YTD with $1.44B Inflows Last Week: CoinShares
Jul 15, 2024, 10:09 AM
According to CoinShares, digital asset investment products saw significant inflows last week, with $1.44 billion added. This brings the year-to-date inflows to a record $17.8 billion, surpassing the previous record of $10.6 billion set in 2021. Bitcoin led the surge with $1.35 billion in inflows, marking its fifth-largest weekly inflow on record. Ethereum also saw substantial inflows of $72 million. The surge in investments comes amid price weakness and ahead of anticipated US ETF launches, indicating growing investor confidence in digital assets.
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Markets
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Reports from CoinShares and other reputable financial data providers