CoinShares: Net inflow of digital asset investment products last week reached US$2.7 billion, a record high
BlockBeats news, on March 11, according to the CoinShares weekly report, digital asset investment products recorded the highest weekly capital inflow on record last week, totaling US$2.7 billion, bringing the total inflow year-to-date to US$10.3 billion, slightly That was down from the record inflows of $10.6 billion for all of 2021. Trading volume hit $43 billion last week, also a record high. The latest price gains have pushed total assets under management (AUM) to a record high of $94.4 billion, a 14% jump on a single week basis and up 88% year to date.
Bitcoin remains a focus for investors, with $2.6 billion in inflows, with year-to-date inflows now accounting for 14% of total assets under management. Solana received $24 million in inflows last week after a round of negative sentiment. Conversely, Ethereum is on better footing with year-to-date inflows, having seen minor outflows of $2.1 million last week. Other noteworthy inflows include Polkadot, Fantom, Chainlink, and Uniswap at $2.7 million, $2 million, $2 million, and $1.6 million respectively. Blockchain stocks saw small outflows totaling $2.5 million.