CoinShares: Last week, the total inflow of digital asset investment products reached 644 million US dollars
According to the latest weekly report from CoinShares, digital asset investment products broke a five-week trend of capital outflows last week, with total inflows reaching $644 million. The total assets under management increased by 6.3% from the low point on March 10th. Bitcoin attracted $724 million in capital inflows, ending a situation where the total outflow reached $5.4 billion over five consecutive weeks. Meanwhile, short-term bitcoin investment products saw capital outflows for the third consecutive week, totaling $7.1 million. The sentiment in the altcoin market is mixed. Ethereum experienced the most severe capital outflow, with funds flowing out reaching $86 million. Other altcoins with significant fund outflows include Sui ($1.3 million), Polkadot ($1.3 million), Tron ($950 thousand) and Algorand ($820 thousand).
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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