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Coinshares: The Total Digital Asset Funds Reached The Highest Level Since Mid-May With $50B
Summary: According to a report from CoinShares on Monday, despite the outflow of funds for the fifth consecutive week, the total assets under management of digital asset funds reached the highest level since mid-May, reaching $50 billion. The total net outflow of all digital asset funds last week was $26 million, much lower than the outflows ...
According to a report from CoinShares on Monday, despite the outflow of funds for the fifth consecutive week, the total assets under management of digital asset funds reached the highest level since mid-May, reaching $50 billion.
The total net outflow of all digital asset funds last week was $26 million, much lower than the outflows in May and June.
Although Bitcoin has shown positive price movements in the past few weeks, the outflow of funds from Bitcoin funds last week totaled $33 million.
At the same time, the market share of Ethereum funds is rising rapidly, and the total inflow of Ethereum funds is $2.8 million, which currently accounts for 26% of all digital investment products, compared to only 11% at the beginning of 2021.
By Mary Liu
Tags: Bitcoin,CoinShares,Digital Asset,Ethereum
Link: Coinshares: The Total Digital Asset Funds Reached The Highest Level Since Mid-May With $50B [Copy]
