CoinShares: Last week, the total inflow of funds into digital asset investment products reached $598 million
According to CoinShares' weekly report, the total inflow of digital asset investment products reached $598 million last week, marking the fourth consecutive week of inflows. The fund inflow since the beginning of the year has now exceeded $5.7 billion, accounting for 55% of the record inflow in 2021. Bitcoin had an inflow of $570 million last week, bringing its total influx since the start of this year to $5.6 billion. Ethereum saw an influx of $17 million last week, while Chainlink and XRP respectively attracted investments worth $1.8 million and $1.1 million each. Last week also witnessed a total outflow of funds amounting to $81 million from blockchain stocks indicating that stock investors are currently somewhat cautious.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP Price Falls 20% After Rally as Bulls Defend $1.35 Support

Decoding Dogecoin’s 16% pullback: Can DOGE recover from $0.10?

Polygon discloses security flaws fixed in recent hard forks
Ballard names GeoPura CEO Andrew Cunningham as president, adds him and Lord Harrington to board