Positive Trend Continues: Digital Asset Investment Products See $2 Billion in Net Inflows for Fifth Consecutive Week
CryptoNewsTerminal Staff10 Jun, 2024
Positive Trend Continues: Digital Asset Investment Products See $2 Billion in Net Inflows for Fifth Consecutive Week
Digital asset investment products have experienced a sustained period of inflows, with the latest report from CoinShares indicating $2 billion in net inflows last week. This positive trend marks the fifth consecutive week of inflows, bringing the total to $4.3 billion over the last five weeks. Bitcoin investment products led the inflows last week, attracting $1.97 billion. Ethereum investment products also saw significant inflows of $68.9 million, marking its largest weekly inflow since March. This sustained demand for digital asset investment products highlights the growing interest and adoption of cryptocurrencies and blockchain technology.
