Digital Asset Investment Products See $245 Million Inflows in a Week, Driven by Bitcoin and Ethereum ETFs
Publication Time:2024-07-29 16:41:07
In the backdrop of recent price rises, the digital asset sector continues to demonstrate strong investment appeal. According to CoinShares' report, Bitcoin, as the market leader, played a significant role in last week's inflows, totaling $519 million. This trend is not limited to Bitcoin; overall, digital asset investment products have witnessed cumulative inflows of an astonishing $3.6 billion this month, and year-to-date inflows have reached an unprecedented $19 billion, breaking historical records. Notably, the introduction of Ethereum ETFs has led to a significant increase in trading volumes this week, reaching its highest level since May, totaling $148 billion. This growth reflects investors' confidence and interest in the Ethereum ecosystem. Overall, the combination of rising prices and new investment products has driven market activity, increasing investor interest in digital assets. Currently, the total managed assets (AuM) in the digital asset sector have climbed to $99.1 billion, with year-to-date inflows reaching a record-breaking $20.5 billion, indicating the potential for continued market growth and vitality.
Bitcoin
Ethereum
Trading Volume
digital assets
Etfs
funds inflow
Investment products