Significant Inflow of Digital Asset Investment Products Continues

The Largest Inflow Since 2021 We continue to see significant inflows in digital asset investment products. In the week ending on July 14th, products managed by CoinShares, 21Shares, ProShares, and other major cryptocurrency fund providers saw an inflow of $137 million. According to CoinShares’ statistics, inflows into these crypto funds reached $742 million in the past four weeks, marking the largest inflow since late 2021. The majority of these inflows, accounting for 99% of the total market, are made up of Bitcoin and its derivatives. However, the largest outflow volume among all cryptocurrency products since the beginning of the year occurred in Ethereum. The outflows reached $74 million. On the other hand, Bitcoin funds observed an inflow of $571 million from the beginning of the year until now, while $14 million flowed into Solana (SOL). Ripple (XRP), Cardano (ADA), and Polygon (MATIC) experienced single-digit inflows (in millions of dollars). The […] The post Significant Inflow of Digital Asset Investment Products Continues appeared first on COINTURK NEWS.