Golden Finance reports that according to the latest weekly report from CoinShares, digital asset investment products broke the trend of outflows that lasted for five consecutive weeks, with a total inflow of 644 million USD. The total assets under management have risen by 6.3% compared to the low point on March 10.
Bitcoin attracted $724 million in inflows, ending a five-week streak of outflows totaling $5.4 billion. Meanwhile, short-term Bitcoin investment products experienced outflows for the third consecutive week, totaling $7.1 million.
The sentiment in the altcoin market is mixed. Ethereum has experienced the most severe outflow of funds, with $86 million leaving. Other notable altcoins with significant outflows include Sui ($1.3 million), Polkadot ($1.3 million), Tron ($950,000), and Algorand ($820,000).
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CoinShares: Last week's total inflow of digital asset investment products reached $644 million.
Golden Finance reports that according to the latest weekly report from CoinShares, digital asset investment products broke the trend of outflows that lasted for five consecutive weeks, with a total inflow of 644 million USD. The total assets under management have risen by 6.3% compared to the low point on March 10. Bitcoin attracted $724 million in inflows, ending a five-week streak of outflows totaling $5.4 billion. Meanwhile, short-term Bitcoin investment products experienced outflows for the third consecutive week, totaling $7.1 million. The sentiment in the altcoin market is mixed. Ethereum has experienced the most severe outflow of funds, with $86 million leaving. Other notable altcoins with significant outflows include Sui ($1.3 million), Polkadot ($1.3 million), Tron ($950,000), and Algorand ($820,000).