CoinShares: Last week, net inflows of digital asset investment products reached $346 million, marking the 9th consecutive week of net inflows.

According to data from the CoinShares weekly report on November 27th, digital asset investment products saw a net inflow of $346 million last week, marking the 9th consecutive week of net inflows and the largest weekly inflow in nearly 9 weeks. The report points out that the current market is experiencing the largest round of growth since the bull market at the end of 2021, driven by market expectations of the launch of spot-based ETFs in the United States. The combination of price increases and inflows has pushed the total assets under management (AuM) to a high of $45.3 billion, the highest level in a year and a half. Last week, Bitcoin saw a total inflow of $312 million, bringing the year-to-date inflow slightly above $1.5 billion. The proportion of ETP trading volume to Bitcoin spot trading volume remains well above average, reaching 18% last week, highlighting the continued increase in the use of ETPs to gain exposure to this asset class. Ethereum saw an inflow of $34 million last week, bringing the total inflow over the past 4 weeks to $103 million, almost correcting the outflow trend seen earlier this year and marking a decisive shift in market sentiment. The total inflows for Solana, Polkadot, and Chainlink were $3.5 million, $800,000, and $600,000, respectively.