Digital Asset Investment Products Experience Inflows for Fourth Consecutive Week
CryptoNewsTerminal Staff03 Jun, 2024
Digital Asset Investment Products Experience Inflows for Fourth Consecutive Week
Digital asset investment products witnessed a net inflow of $185 million last week, extending the inflow trend to four consecutive weeks, as reported by CoinShares in its weekly fund flow report. Bitcoin (BTC) investment products dominated the inflows, attracting $148 million, followed by Ethereum (ETH) investment products with inflows of $33.5 million. Regionally, the United States market accounted for a significant portion of the inflows, recording approximately $130 million. The inflows indicate a growing interest in digital assets, with total inflows reaching $2 billion over the past month and surpassing $15 billion year-to-date. This steady inflow suggests a sustained appetite for digital assets among investors.
