Largest inflows to digital assets reported by CoinShares
CoinShares reports that digital asset investment products saw inflows last week totalling USD1.47 billion, the largest on record by a significant margin.
The firm writes that during the week total assets under management reached a new record of USD79.2 billion but closed week-end at USD76.7 billion.
The record inflows were a direct result of the US SEC allowing a bitcoin ETF investing in futures and the consequent listing of two bitcoin investment products with inflows totalling USD1.24 billion, CoinShares writes.
Other altcoins saw inflows with the most notable being Solana, Cardano and Binance, the firm says.