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ZEC $1,269.27 +12.41%
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GOOGL $341.22 -1.03%
MSFT $528.38 -1.36%
META $694.16 -1.63%
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TSLA $382.53 +4.38%
SNDK $1,405.81 +4.72%
INTC $94.44 +3.87%
SPCX $161.03 +9.43%
MU $923.15 +4.14%
AMD $548.89 +3.42%

CoinShares: Last week, digital asset investment products saw an inflow of 30 million dollars

2024-08-19 15:57:56

ChainCatcher news, according to CoinShares' latest weekly report, last week saw a total inflow of $30 million into digital asset investment products. Due to recent macroeconomic data suggesting a lower likelihood of a 50 basis point rate cut by the Federal Reserve in September, the weekly trading volume of investment products dropped to $7.6 billion, close to 50% of the previous week.

The inflow into Bitcoin was the most significant, totaling $42 million, while the short Bitcoin ETF experienced outflows for the second consecutive week, totaling $1 million.

Ethereum saw an inflow of only $4.2 million last week; additionally, due to a sharp decline in Meme coin trading volume, Solana experienced a net outflow of $39 million, setting a record for the highest weekly outflow.

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