Data: Last week, digital asset investment products saw an inflow of $1.05 billion

2024-05-28 19:40:24
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ChainCatcher news, according to the CoinShares weekly report, the total inflow of digital asset investment products has reached $1.05 billion for the third consecutive week, with a cumulative inflow of $14.9 billion, setting a new historical high. The recent price increase has also driven the total amount of digital asset ETPs to $98.5 billion. Weekly ETP trading volume has grown by 28%, reaching $13.6 billion.

The inflow of funds is mainly concentrated in the United States, with an inflow of $1.03 billion, while the outflow from existing Grayscale has significantly decreased, amounting to only $15 million this week. Germany and Switzerland have also seen inflows of $4.8 million and $3 million, respectively. Disappointingly, since the active launch of Bitcoin spot ETFs in Hong Kong (with $300 million in the first week), there has been an outflow of $29 million last week.

This week, the inflow of Ethereum was $36 million, the highest level since March, which may be an early response to the U.S. approval of ETH ETFs.

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