- The crypto investment products have seen a notable inflow of $185 million over the past week.
- Bitcoin has experienced $148 million in inflows in a week and $1.9 billion in one month.
- While most inflows were from the US, Switzerland boasts second place in asset investment products inflows.
According to CoinShares report, digital asset investment products experienced four consecutive weeks of inflows, with Bitcoin leading the pack. These products marked a total inflow of $185 million over the week, with Bitcoin accounting for the major share of $148 million.
Notably, the products saw substantial positive flows in May 2024, reaching $2 billion. Year-to-date inflows have surpassed $15 billion, with the Assets Under Management (AUM) reaching $97 billion.
While Bitcoin recorded a weekly inflow of $148 million, its monthly inflow totaled $1.9 billion. Meanwhile, Bitcoin’s year-to-date inflow is $14.7 billion.
Source: CoinShares
The United States reported the highest inflows, with a net inflow of $130 million within a week. Switzerland, though far behind, was second with an inflow of $36.8 million. Canada was third with inflows of $25 million despite …
The post Digital Assets See Strong Inflows: Bitcoin and Ether Lead appeared first on Coin Edition.