Institutional digital assets vehicles have enjoyed more than $ 13 billion in the influx of more than $ 13 billion in the past nine weeks according to the leading global investment firm Coinshares.
In its latest digital actival fund, flows weekly ReportCoinshares notes that last week’s institutional assets inflow has risen compared to the number in previous weeks, despite the rising geopolitical uncertainty.
“Despite geopolitical worries that weigh on risk assets last week, digital assets remained resilient and the inflow put on next to gold.
Digital Asset Investment Products registered US $ 1.9 billion in inflow and marked the ninth consecutive week of inflow. This brings the total inflow during this run to US $ 12.9 billion, while the inflow of year-to-date (YTD) has reached a new record of US $ 13.2 billion. “
Regionally, the US led internationally with $ 1.9 billion in inflow. Germany, Switzerland and Canada followed $ 39.2 million, $ 20.7 million and $ 12.1 million in inflow respectively.
“Hong Kong and Brazil, on the other hand, have left of US $ 56.8 million and US $ 8.5 million respectively.”
After two consecutive weeks of flow, the flagship Crypto Bitcoin (BTC) is again at the top of $ 1.3 billion in inflow.
The leading Smart Contract Platform Ethereum (ETH) has had an eight -week intake stripe, a total of $ 2 billion, which adds $ 583 million to inflow last week.
“After a 3 -week run of outskirts, XRP saw $ 11.8 million in inflow, while Sui still saw an influx of US $ 3.5 million.”
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