CoinShares: Last week, the total inflow of funds into digital asset investment products reached $598 million
According to CoinShares' weekly report, the total inflow of digital asset investment products reached $598 million last week, marking the fourth consecutive week of inflows. The fund inflow since the beginning of the year has now exceeded $5.7 billion, accounting for 55% of the record inflow in 2021. Bitcoin had an inflow of $570 million last week, bringing its total influx since the start of this year to $5.6 billion. Ethereum saw an influx of $17 million last week, while Chainlink and XRP respectively attracted investments worth $1.8 million and $1.1 million each. Last week also witnessed a total outflow of funds amounting to $81 million from blockchain stocks indicating that stock investors are currently somewhat cautious.
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.
You may also like
Data: Bitcoin faces resistance and pulls back at 92,000 USDT, with market trading volume at its lowest since July.
Today’s Fear and Greed Index drops to 24, shifting from Fear to Extreme Fear.