CoinShares: Digital Asset Investment Products Saw $3.7 Billion Net Inflows Last Week
According to a report by Jinse Finance, a certain exchange's latest weekly report shows that digital asset investment products saw inflows of $3.7 billion last week, marking the second-highest single-week inflow on record. Notably, the single-day inflow on July 10 ranked as the third highest in history. This also marks the 13th consecutive week of inflows, with cumulative inflows reaching $21.8 billion and year-to-date (YTD) inflows totaling $22.7 billion. Assets under management (AuM) surpassed the $200 billion mark for the first time, reaching a new high of $211 billion. ETP trading volume hit $29 billion, double the weekly average for this year. Bitcoin saw weekly inflows of $2.7 billion, bringing its total assets under management to $179.5 billion. This is the first time it has reached 54% of the total assets under management of gold ETPs. Short Bitcoin ETP trading activity remained extremely low. Ethereum recorded inflows for the 12th consecutive week, totaling $990 million, the fourth highest on record. Comparatively, over the past 12 weeks, Ethereum's inflows accounted for 19.5% of its assets under management, while Bitcoin's stood at 9.8%. XRP saw the highest weekly outflows, totaling $104 million, while Solana recorded strong inflows of $92.6 million.
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