Last week, inflows into digital investment products reached a jaw-dropping $901 million, with Bitcoin (BTC) and Solana (SOL) ranking as the top gainers. 

A recent report from CoinShares suggests an increased hype in digital assets, as reflected in the inflows into crypto investment products. 

According to data, these products saw a staggering inflow of $901 million last week, pushing the year-to-date (YTD) inflows to a whopping $27 billion. The inflows recorded so far this year are nearly three times the figure recorded throughout 2021. Also, the month-to-date (MTD) investment is $3.32 billion, making October 2024 the fourth highest in terms of inflows. Notably, investment products tied to Bitcoin saw the most inflow over the past week, totaling $920 million. Following last week’s inflow, Bitcoin’s year-to-date flows stand at $25.46 billion, with a jaw-dropping $78.99 billion in assets under management (AUM) for its investment vehicles. Solana investment products saw the second-highest inflows last week at $10.8 million. This brought the asset’s MTD and YTD flows to $17.9 million and $69.2 million, respectively. At press time, the assets under management across Solana investment products stands at $1.47 billion. 

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