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📅 July 3, 7:00 – July 9,
CoinShares: Last week, net inflows of digital asset investment products were $22 billion.
According to the latest weekly report from CoinShares, last week saw a further increase of $2.2 billion in inflows to digital asset investment products. Since the first rate cut in September, total inflows have increased to $11.7 billion, and inflows this year have reached a record-breaking $33.5 billion. Recent market activity, particularly the BTC breaking historical highs, pushed the total Assets Under Management (AuM) to a new high of $138 billion earlier this week. Ether seems to have shaken off the negative sentiment, with inflows of $646 million (5% of AUM), possibly due to Justin Drake's Beam Chain network upgrade proposal and the recent US election. Solana also saw inflows of $24 million.