CoinShares' latest weekly report shows that last week, digital asset investment products saw inflows of $2.20 billion, bringing the year-to-date total inflows to a record $29.20 billion. This inflow, coupled with recent price increases, has pushed total assets under management (AuM) to exceed $100 billion for only the second time in history, with trading volume increasing by 67% week-on-week. Regionally, inflows in the United States amounted to $2.20 billion, while Germany saw inflows of $5.10 million. Bitcoin was the sole beneficiary, with inflows of $2.20 billion, while Ethereum's inflows were tepid, totaling $9.50 million, in stark contrast to the bullish momentum of Bitcoin and Solana, which saw inflows of $5.70 million last week. A series of altcoins experienced smaller inflows, with the most notable being Polkadot ($670 thousand) and Arbitrum ($200 thousand).

PANews, November 4 - According to CoinShares' latest weekly report, digital asset investment products saw an inflow of $2.20 billion last week, bringing the total inflow for the year to a record $29.20 billion. This inflow, combined with the recent price increase, has pushed the total assets under management (AuM) to over $100 billion for only the second time in history, reaching a level comparable to $102 billion in early June 2024. The trading volume increased by 67% week-on-week to $19.20 billion, accounting for 35% of the total trading volume of Bitcoin on credible exchanges.

Regionally, inflows into the United States reached $2.20 billion, while Germany saw inflows of $5.10 million. The excitement surrounding the prospects of a Republican victory may be the reason for this influx of funds, as was the case in the early days of last week, when a slight outflow was observed on Friday as polling results shifted, highlighting Bitcoin's current sensitivity to the U.S. elections.

Bitcoin was almost the sole beneficiary, with inflows totaling $2.20 billion last week, although the recent price rise also prompted inflows into short Bitcoin positions amounting to $8.90 million. Ethereum's inflows were lukewarm, totaling $9.50 million, in stark contrast to the bullish momentum of Bitcoin or Solana, which saw inflows of $5.70 million last week. A number of altcoins had smaller inflows, most notably Polkadot ($670 thousand) and Arbitrum ($200 thousand).

CoinShares: Last week, net inflows into digital asset investment products amounted to $2.20 billion.