CoinShares: Last week, net inflows into digital asset investment products reached $3.13 billion

ChainCatcher news, according to CoinShares' latest weekly report, last week saw the largest weekly inflow into digital asset investment products, reaching $3.13 billion, bringing the total inflow year-to-date to a new high of $37 billion. Among them, Bitcoin-related products saw an inflow of $3 billion, while short Bitcoin investment products attracted $10 million. Since the Federal Reserve's first interest rate cut in September, the total inflow has reached $15.2 billion.

Solana outperformed Ethereum, with an inflow of $16 million last week, while Ethereum only recorded $2.8 million. However, looking at the year-to-date data, Solana still significantly lags behind Ethereum. Among other altcoins, XRP, Litecoin, and Chainlink recorded inflows of $15 million, $4.1 million, and $1.3 million, respectively.

The U.S. market dominated the inflows, totaling $3.2 billion, while Germany, Sweden, and Switzerland saw outflows of $40 million, $84 million, and $17 million, respectively, due to profit-taking at highs. The Australian, Canadian, and Hong Kong markets saw inflows of $9 million, $31 million, and $30 million, respectively. Multi-asset investment products experienced outflows for the second consecutive week, totaling $10.5 million.