- CoinShares reports that $346 million was injected into the digital asset market last week.
- Bitcoin had the lionshare by attracting $312 million in investments, according to the report.
- The report noted that Ethereum’s $34 million weekly inflow brought its monthly inflow to $103 million.
A recent CoinShares report showed that $346 million was injected into the digital asset market last week in investment products. With that amount, it became the highest weekly inflow into the crypto market since the bull run of late 2021.
Source: CoinShares
Of the recorded weekly inflows into the digital assets market, CoinShares reported that Bitcoin had the lionshare by attracting $312 million in investments, bringing the flagship crypto’s year-to-date inflows to just over $1.5 billion. Ethereum, the largest altcoin by market capitalization, attracted $34 million in investments. This week’s inflow brings Ethereum’s 4-week investment inflow to $103 million, nearly overturning this year’s outflow and redefining the flagship altcoin’s market sentiment.
CoinShares’ report showed that the growing inflows in the digital asset market are powered by various factor…
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