CoinShares: The inflow of digital asset investment products this year to date is $44.5 billion, more than four times that of other years

2024-12-16 17:47:11
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ChainCatcher news, according to CoinShares' latest weekly report, digital asset investment products continued to attract inflows last week, totaling $3.2 billion, marking the tenth consecutive week of inflows. Year-to-date, the total inflow has reached $44.5 billion, more than four times that of any other year. The average weekly trading volume of ETPs reached $21 billion, accounting for 30% of the total Bitcoin traded on trusted exchanges. In trusted exchanges, Bitcoin trading volume is highly liquid, with an average daily trading volume of $8.3 billion this year, which is twice that of the FTSE 100 index. In terms of regional capital flows, all regions experienced inflows, with overall sentiment generally positive, particularly in the U.S., Switzerland, Germany, and Brazil, which saw inflows of $3.1 billion, $36 million, $33 million, and $25 million, respectively.

Bitcoin investment products attracted $2 billion in inflows, bringing the total inflow since the U.S. elections to $11.5 billion. Although the total assets under management (AuM) remain at a low level of $130 million, recent price increases have attracted $14.6 million in inflows for Bitcoin short products. Ethereum attracted inflows for the seventh consecutive week, totaling $1 billion, with total inflows over these seven weeks reaching $3.7 billion, indicating a significant improvement in market sentiment. With hopes for U.S.-listed ETFs rising, altcoin XRP attracted $145 million in inflows, while Polkadot and Litecoin attracted $3.7 million and $2.2 million in inflows, respectively.

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