CoinShares: Last week, net inflows into digital asset investment products reached $5.95 billion, setting a record for the largest weekly inflow

According to ChainCatcher news and CoinShares' latest weekly report, digital asset investment products recorded a record net inflow of $5.95 billion last week, marking the largest single-week inflow.

CoinShares believes that this large inflow is a delayed reaction to the Federal Reserve's interest rate cut, driven by weak employment data and concerns about the stability of the U.S. government. BTC and ETH recorded inflows of $3.55 billion and $1.48 billion, respectively, while SOL and XRP attracted inflows of $706.5 million and $219.4 million, respectively. By region, the U.S. recorded a record inflow of $5 billion, while Switzerland and Germany recorded inflows of $563 million and $312 million, respectively, both setting their own single-week records. Driven by positive price trends, the total assets under digital asset management reached a historic high of $254 billion.