CoinShares: Total inflows into digital asset investment products reached $644 million last week
According to the latest weekly report data from CoinShares, digital asset investment products broke the trend of five consecutive weeks of outflows last week, with a total inflow of $644 million. Total assets under management increased by 6.3% from the low point on March 10th.
Bitcoin attracted an inflow of $724 million, ending the situation of five consecutive weeks of outflows totaling $5.4 billion. At the same time, short-term Bitcoin investment products saw outflows for the third consecutive week, totaling $7.1 million.
The sentiment in the altcoin market is mixed. Ethereum experienced the most serious outflow of funds, with outflows totaling $86 million. Other significant outflows from altcoins include Sui ($1.3 million), Polkadot ($1.3 million), Tron ($0.95 million), and Algorand ($0.82 million).
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.
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