CoinShares: Digital asset investment products have seen $44.5 billion in inflows so far this year, more than four times the amount in other years

PANews reported on December 16 that according to the latest weekly report of CoinShares, digital asset investment products continued to attract capital inflows last week, totaling US$3.2 billion. This is the tenth consecutive week of capital inflows. So far this year, inflows have totaled $44.5 billion, more than four times the amount in any other year. ETP trading volume averages $21 billion per week, accounting for 30% of the total Bitcoin volume traded on highly trusted exchanges. On exchanges with higher trust levels, Bitcoin’s trading volume is highly liquid, with average daily trading volume reaching $8.3 billion this year, twice that of the FTSE 100. Looking at regional fund flows, each region All saw capital inflows, and the overall sentiment was generally positive, with the United States, Switzerland, Germany and Brazil seeing the most significant inflows, at US$3.1 billion, US$36 million, US$33 million and US$25 million respectively.

Bitcoin investment products attracted $2 billion in inflows, bringing total inflows since the U.S. election to $11.5 billion. While total assets under management (AuM) remained low at just $130 million, Bitcoin short products attracted $14.6 million in inflows following the recent price increase. Ethereum attracted inflows for the seventh consecutive week, totaling $1 billion, bringing total inflows over the seven-week period to $3.7 billion, with market sentiment improving significantly. As hopes for a US-listed ETF grow, altcoin XRP attracted $145 million in inflows, while Polkadot and Litecoin attracted $3.7 million and $2.2 million respectively.