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CoinShares: Last week, digital asset investment products saw net inflows for the second consecutive week, totaling $321 million

2024-09-23 08:47

According to the latest report from CoinShares, digital asset investment products have seen net inflows for the second consecutive week, totaling $321 million, according to Foresight News. The FOMC's stance was more dovish than expected, resulting in a 9% increase in asset under management (AuM) and a total trading volume of investment products reaching $9.5 billion, a 9% increase from the previous week. Bitcoin was the main focus, with a net inflow of $284 million, while short selling Bitcoin products also attracted $5.1 million in inflows. Ethereum experienced a net outflow for the fifth consecutive week, with a outflow of $29 million last week, mainly due to sustained outflows from existing Grayscale trusts and limited inflows from new ETFs. At the same time, Solana's investment products continued to receive small and stable inflows, with an inflow of $3.2 million last week.

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