Digital assets investment products see record flows

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Digital assets investment products see record flows

Digital asset investment products saw inflows last week totalling USD1.47 billion, the largest on record by a significant margin, according to the latest Weekly Digital Asset Flows report from CoinShares.

During the week total assets under management reached a new record of USD79.2 billion but closed week-end at USD76.7 billion.

The record inflows were a direct result of the US Securities & Exchange Commission allowing a Bitcoin ETF investing in futures and the consequent listing of two Bitcoin investment products with inflows totalling USD1.24 billion.

Other altcoins saw inflows with the most notable being Solana, Cardano and Binance.

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