CoinShares: Digital asset investment products attracted $1.9 billion in inflows last week

Odaily reported that according to the latest weekly report from CoinShares, digital asset investment products attracted a total inflow of $1.9 billion last week, bringing the year-to-date (YTD) total inflow to $4.8 billion, influenced by the recent presidential executive order proposal to consider Bitcoin as a strategic reserve asset. Although price volatility was relatively small last week, trading volume still reached $25 billion, accounting for 37% of the total trading volume of trusted crypto exchanges. In terms of Bitcoin, inflows last week reached $1.6 billion, with a YTD total inflow of $4.4 billion, accounting for 92% of all inflows in the digital asset space. Additionally, with Bitcoin prices hitting new highs before the presidential inauguration, shorting Bitcoin ETFs has also regained attention, with an inflow of $5.1 million. In the Altcoin space, Ethereum saw a rebound in performance, with an inflow of $205 million last week; XRP also attracted $18.5 million in inflows. Among other smaller digital assets, Solana, Chainlink, and Polkadot recorded inflows of $6.9 million, $6.6 million, and $2.6 million, respectively. It is worth noting that there were no outflows from any digital asset investment products last week.