CoinShares: Digital asset investment products saw net inflows of $2.2 billion last week

According to the latest weekly report from CoinShares, the inflow of funds into digital asset investment products increased by a further $2.2 billion last week, bringing the total inflow of funds since the first interest rate cut in September to $11.7 billion, and the total inflow of funds so far this year has reached a record-breaking $33.5 billion. Recent market activity, especially Bitcoin's breakthrough to a new historical high, has pushed the total asset under management (AuM) to a new high of $138 billion earlier this week. Ethereum seems to have shaken off negative sentiment, with inflows of $646 million (5% of AUM), possibly due to Justin Drake's Beam Chain network upgrade proposal and the recent US election. Solana also saw inflows of $24 million.