The cryptocurrency investment landscape has recently witnessed a significant uptick in activity, with digital asset investment products recording inflows of roughly $1.1 billion, according to a recent blog post shared by Coinshares, a leading digital asset investment firm.
This surge has propelled the year-to-date inflows to roughly $2.7 billion, as reported by the firm. Additionally, Coinshares has highlighted this growth, noting that the total assets under management (AuM) have reached their highest level since early 2022, at $59 billion.
Inflows of US$1.1bn into digital asset ETPs, momentum of inflows into new issuers not slowinghttps://t.co/IERahbmYhO
— James Butterfill (@jbutterfill) February 12, 2024
This resurgence in investment activity underscores a growing confidence in digital assets, reflecting both institutional and retail investors’ renewed interest.
Bitcoin Dominates Crypto Asset Inflows Amid ETF Boom
A notable focus of these inflows has been the emergence of spot Bi
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