CoinShares: Net inflows of $1.98 billion in digital asset investment products last week
According to the latest weekly report of CoinShares, the inflow of digital asset investment products last week was $1.98 billion for 5 consecutive weeks, and the inflow so far this year hit a new high of $31.30 billion. With the rise in prices last week, the global asset management scale also hit a record high of $116 billion. Transaction volume increased by $20 billion, which is not a new high, but the highest level since April this year.
Bitcoin inflows reached $1.80 billion, and $9 billion since the Federal Reserve cut interest rates for the first time in September. Favorable macro conditions and dramatic changes in the US political system may be the reason why investor sentiment is so optimistic.