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CoinShares: Digital asset investment products received $441 million in inflows last week

CoinShares: Digital asset investment products received $441 million in inflows last week

CointimeCointime2024/07/08 10:13
By:Cointime

CoinShares' latest weekly report shows that the total inflow of funds into digital asset investment products reached $441 million last week. The recent price weakness caused by Mt Gox and selling pressure from the German government may be seen as a buying opportunity. Bitcoin inflows reached $398 million, but due to investors choosing to invest in a wider range of altcoins, Bitcoin only accounted for 90% of the total inflow. Blockchain stocks did not reflect a positive sentiment among investors, with $8 million in outflows last week.

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