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Digital Asset Funds Saw A Net Inflow For The Fifth Consecutive Week
Summary: A report released by CoinShares on Monday stated that last week's digital asset investment products showed a net inflow of funds for the fifth consecutive week, with an inflow of $42 million. All digital assets have seen capital inflows, including Bitcoin's inflow of $15 million. However, in the past 16 weeks, Bitcoin investment products have ...
A report released by CoinShares on Monday stated that last week's digital asset investment products showed a net inflow of funds for the fifth consecutive week, with an inflow of $42 million.
All digital assets have seen capital inflows, including Bitcoin's inflow of $15 million. However, in the past 16 weeks, Bitcoin investment products have had capital inflows for only 3 weeks, and the total market share of its asset under management (AuM) has dropped from 81% in January to 67%.
Solana recovered from the network interruption caused by the DDoS attack, with an inflow of $4.8 million.
The report added that the improvement in market sentiment may be a seasonal phenomenon. Some investors are taking advantage of the recent price weakness and the continued popularity of altcoins.
By Mary Liu
Tags: Altcoins,Bitcoin,CoinShares,Digital Asset,Fund,Solana
Link: Digital Asset Funds Saw A Net Inflow For The Fifth Consecutive Week [Copy]
