CoinShares: Last week, the total inflow of funds into digital asset investment products reached $598 million
According to CoinShares' weekly report, the total inflow of digital asset investment products reached $598 million last week, marking the fourth consecutive week of inflows. The fund inflow since the beginning of the year has now exceeded $5.7 billion, accounting for 55% of the record inflow in 2021. Bitcoin had an inflow of $570 million last week, bringing its total influx since the start of this year to $5.6 billion. Ethereum saw an influx of $17 million last week, while Chainlink and XRP respectively attracted investments worth $1.8 million and $1.1 million each. Last week also witnessed a total outflow of funds amounting to $81 million from blockchain stocks indicating that stock investors are currently somewhat cautious.
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