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CoinShares: Digital Asset Investment Products Saw Net Inflows of $921 Million Last Week
BlockBeats News, October 27th, CoinShares released its latest weekly report stating that the rising digital asset investment products attracted a net inflow of $921 million, thanks to the increased investor confidence following lower-than-expected US CPI data.
The US led in fund inflows, reaching $843 million, with Germany also showing strong performance with an inflow of $502 million; Switzerland saw an outflow of $359 million, but this was due to asset transfers rather than selling.
Bitcoin dominated the fund inflows, with a net inflow of $931 million; Ethereum saw a net outflow of $169 million; the fund inflows for Solana and XRP cooled off ahead of the anticipated US ETF launch.
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