CoinVoice has learned that according to CoinShares' latest weekly report, last week saw a net inflow of $2.2 billion into digital asset investment products, bringing the total inflow for the year to a record $33.5 billion. Driven by Bitcoin's price hitting an all-time high, assets under management (AuM) reached a new high of $138 billion.
In terms of specific assets, Bitcoin saw an inflow of $1.48 billion, but at the same time, there was also an inflow of $49 million into short products. Ethereum reversed its previous downturn, seeing an inflow of $646 million influenced by the Beam Chain network upgrade proposal and the U.S. election, accounting for about 5% of its assets under management. Additionally, Solana received an inflow of $24 million.
In terms of regional distribution, the United States saw an inflow of $2.2 billion, while Hong Kong, Australia, and Canada saw inflows of $27 million, $18 million, and $13 million, respectively. Meanwhile, Swedish and German investors chose to take profits, with outflows of $58 million and $6.8 million, respectively. [Original link]
