CoinShares: Digital Asset Investment Products Saw $1.9 Billion Inflows Last Week
According to a report by Jinse Finance, the latest data from a certain exchange shows that digital asset investment products recorded $1.9 billion in inflows last week, bringing the total inflows for the month to a record $11.2 billion—significantly surpassing the $7.6 billion seen after the U.S. presidential election in December 2024. This marks the 15th consecutive week of positive market sentiment. Ethereum stood out, attracting $1.59 billion in inflows last week, its second-highest weekly inflow on record. Year-to-date, Ethereum’s total inflows have reached $7.79 billion, already exceeding the total for all of last year. In contrast, Bitcoin saw $175 million in outflows, which may be related to market expectations around ETFs rather than a broad altcoin season. Among other altcoins, Solana and XRP performed strongly, attracting $311 million and $189 million in inflows respectively, while SUI also recorded $8 million in inflows. However, inflows into some altcoins have slowed, with Litecoin seeing $1.2 million in outflows and Bitcoin Cash $660,000 in outflows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Publicly listed company Thumzup Media discloses purchase of 7.5 million DOGE, worth approximately $2 million
Fed Rate Cuts May Trigger Stagflation Risk, Creating a Dilemma for Policymakers
Overview of Major Overnight Developments on September 18
Trump Visits UK, Britain Secures $205 Billion Investment
Trending news
MoreCrypto prices
More








