Bitcoin and Crypto Investments Surge: $1.24B Inflows Last Week

Edited by: Elena Weismann

In the last week, digital asset investment products saw a significant surge, accumulating $1.24 billion in inflows. This data comes from CoinShares, and it showcases the ongoing investor confidence in the market.

Bitcoin led the charge with $1.1 billion in inflows, marking its second consecutive week of positive growth. Ethereum followed with $124 million in inflows, extending its streak to nine weeks, as of today.

The United States dominated the inflows, contributing $1.25 billion. Other regions like Canada and Germany also saw positive inflows. However, Hong Kong and Switzerland experienced outflows. Bitcoin is currently trading at $102,660.00, with a change of 0.03% from the previous close, and Ethereum is at $2,285.23, with a change of 0.04% from the previous close. (Source: CoinShares, Today)

Sources

  • blockchain.news

  • Financial Times

  • Wikipedia

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