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CoinShares Report: Last Week Witnessed a $293 Million Inflow into Digital Asset Investment Products

CoinShares Report: Last Week Witnessed a $293 Million Inflow into Digital Asset Investment Products WikiBit 2023-11-15 13:52

CoinShares Report: Last Week Witnessed a $293 Million Inflow into Digital Asset Investment Products

CoinShares' weekly report indicates that the total inflow into digital asset investment products last week was $293 million, bringing the year-to-date inflow to $1.14 billion. Bitcoin ETP (Exchange-Traded Product) trading volume accounted for 19.5% of the total Bitcoin trading volume on trusted exchanges, suggesting that ETP investors were more involved in this uptrend compared to 2020 and 2021.

The total inflow into Bitcoin last week was $240 million, bringing the year-to-date inflow to $1.08 billion. Ethereum saw its highest inflow since August 2022, reaching $49 million. Solana experienced additional inflows totaling $12 million.

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