News
CoinShares: Net inflow of digital asset investment products reached US$572 million last week
According to Foresight News, CoinShares released its latest weekly report showing that $1 billion was outflowed early this week due to weak U.S. employment data, but inflows rebounded to $1.57 billion as the government approved the 401 (k) cryptocurrency plan, bringing the weekly net inflow to $572 million.
Ethereum ETP leads with $268 million inflows, pushing year-to-date inflows to a record $8.2 billion and pushing AUM to an all-time high of $32.6 billion, which will grow 82% by 2025. Bitcoin regained its growth momentum with $260 million inflows, while altcoins Solana, XRP and Near flowed in $21.8 million, $18.4 million and $10.1 million respectively.
Disclaimer: The views in this article only represent the author's personal views and do not constitute investment advice of this platform. This platform does not make any guarantees for the accuracy, completeness, originality and timeliness of article information, nor is it liable for any losses caused by the use or trust in article information.