CoinVoice has recently learned that according to CoinShares, the inflow of funds into digital asset investment products last week was US$407 million.
The report said that because investors' decisions may be more influenced by the upcoming US election than the outlook for monetary policy, stronger-than-expected economic data did little to stem capital outflows, while the recent US vice presidential debate and subsequent polls shifted toward the Republican Party, which is considered more supportive of digital assets, leading to capital inflows and an immediate rise in prices.
As expected, perhaps due to the political nature of the recent inflows, the United States saw an inflow of $406 million, while the other country with significant inflows was Canada with $4.8 million. Bitcoin inflows totaled $419 million, making it the main beneficiary of recent political changes.
In contrast, outflows from short-term Bitcoin investment products were $6.3 million. [Original link]
