CoinShares: Last week, net inflows into digital asset investment products were $1.98 billion

ChainCatcher news, according to CoinShares' latest weekly report, last week saw an inflow of $1.98 billion into digital asset investment products, marking five consecutive weeks of inflows, with a year-to-date total inflow reaching a new high of $31.3 billion.

With last week's price increase, the global assets under management also reached a historic high of $116 billion. Trading volume increased by $20 billion, which, while not a new high, is the highest level since April of this year.

Bitcoin inflows amounted to $1.8 billion, with a total inflow of $9 billion since the Federal Reserve's first rate cut in September. Favorable macro conditions and significant changes in the U.S. political landscape may be reasons for the optimistic investor sentiment.