Institutional digital asset investment vehicles have enjoyed over $13 billion in inflows over the last nine weeks, according to leading global investment firm CoinShares.
In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that last week’s institutional digital asset inflows have risen compared to the numbers in previous weeks despite rising geopolitical uncertainty.
“Despite geopolitical concerns weighing on risk assets last week, digital assets remained resilient, attracting inflows alongside gold.
Digital asset investment products recorded US$1.9bn in inflows, marking the ninth consecutive week of inflows. This brings the total inflows during this run to US$12.9bn, while year-to-date (YTD) inflows have reached a new record of US$13.2bn.”
Regionally, the US led internationally with $1.9 billion in inflows. Germany, Switzerland and Canada followed with $39.2 million, $20.7 million and $12.1 million in inflows, respectively.
“In contrast, Hong Kong and Brazil experienced outflows of US$56.8m and US$8.5m, respectively.”
Following two consecutive weeks of outflows, flagship crypto Bitcoin (BTC) is back on top with $1.3 billion in inflows.
Leading smart contract platform Ethereum (ETH) has been on an eight-week inflow streak, totalling to $2 billion, adding $583 million in inflows last week.
“Following a 3-week run of outflows, XRP saw US$11.8m in inflows, while Sui saw a further US$3.5m inflows.”
Follow us on X, Facebook and Telegram
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: DALLE3
Institutional digital asset investment vehicles have enjoyed over $13 billion in inflows over the last nine weeks, according to leading global investment firm CoinShares.
In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that last week’s institutional digital asset inflows have risen compared to the numbers in previous weeks despite rising geopolitical uncertainty.
“Despite geopolitical concerns weighing on risk assets last week, digital assets remained resilient, attracting inflows alongside gold.
Digital asset investment products recorded US$1.9bn in inflows, marking the ninth consecutive week of inflows. This brings the total inflows during this run to US$12.9bn, while year-to-date (YTD) inflows have reached a new record of US$13.2bn.”
Regionally, the US led internationally with $1.9 billion in inflows. Germany, Switzerland and Canada followed with $39.2 million, $20.7 million and $12.1 million in inflows, respectively.
“In contrast, Hong Kong and Brazil experienced outflows of US$56.8m and US$8.5m, respectively.”
Following two consecutive weeks of outflows, flagship crypto Bitcoin (BTC) is back on top with $1.3 billion in inflows.
Leading smart contract platform Ethereum (ETH) has been on an eight-week inflow streak, totalling to $2 billion, adding $583 million in inflows last week.
“Following a 3-week run of outflows, XRP saw US$11.8m in inflows, while Sui saw a further US$3.5m inflows.”
Follow us on X, Facebook and Telegram
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: DALLE3
