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Digital asset investment products recorded a staggering $3.7 billion in inflows last week, marking the second-largest weekly inflow ever seen. This significant influx of capital has pushed the total assets under management across crypto investment vehicles to an all-time high.
According to CoinShares, Bitcoin led the charge with a massive $2.7 billion in inflows, while Ethereum also saw substantial gains, posting its fourth-largest week on record at $990 million. It’s noteworthy that Ethereum has now experienced 12 consecutive weeks of inflows, which collectively represent a remarkable 19.5% of its total AuM.
It is essential to highlight the significant growth seen across digital asset investment products, as Bitcoin’s total AuM surpassed $179.5 billion and is now equivalent to 54% of that held in gold-backed exchange-traded products (ETPs).
Source: www.coinspeaker.com
