Odaily Planet Daily reports that CoinShares' latest weekly report shows that digital asset investment products saw an inflow of $2.2 billion, marking the largest single-week increase since July of this year! This optimism stems from expectations of a Republican victory in the upcoming U.S. elections, as they are generally seen as more supportive of digital assets.

The trading volume of investment products surged by 30%, with rising prices and inflows bringing the total managed assets close to the $100 billion threshold. The U.S. saw an inflow of $2.3 billion, while other countries experienced small outflows, particularly Canada, Sweden, and Switzerland.

Bitcoin was the main beneficiary, with inflows reaching $2.13 billion. Recent price increases prompted Bitcoin short positions to see inflows of $12 million, the largest since March of this year. Ethereum also saw inflows of $5.8 million, while some altcoins like Solana, Litecoin, and XRP also experienced inflows.

Multi-asset products saw outflows of $5.3 million, ending a streak of 17 weeks of inflows. 📈🚀