Crypto investment products see largest inflows since July: CoinShares
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Digital asset investment products have continued to see significant inflows last week, reaching the highest volume levels since July 2023, according to a new report.
Crypto investment products saw inflows for the second consecutive week, totaling $78 million, crypto asset management firm CoinShares
In addition to asset-wise analysis, CoinShares also reported that 90% of all crypto asset inflows came from Europe, while the U.S. and Canada saw just $9 million of inflows combined.
According to the data, Germany and Switzerland were the biggest countries contributing to the inflow rise, posting $37.3 million and $31.3 million in inflows, respectively. Together, these countries accounted for 88% of all crypto asset products inflow last week.
The news comes as CoinShares works to expand its operations in the United States, introducing its first offerings in the country in September 2023. The company is confident that the U.S. is a global leader in terms of digital asset development and regulation.
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