Record $13.2 billion YTD inflow into digital assets eclipses 2021 total

Record $13.2 billion YTD inflow into digital assets eclipses 2021 total

Last week, digital asset investment products experienced a $2.9 billion net flow, marking two consecutive weeks of record-breaking inflows, according to CoinShares’ latest weekly report.
This achievement propelled digital asset products to a new annual net flow record of $13.2 billion, exceeding the entire inflow for the 2021 bull run, which stood at $10.6 billion.
Furthermore, the spot Bitcoin exchange-traded funds in the US have significantly impacted the performance of digital asset products. This is evident in the total value of assets under the management of crypto ETPs, which reached an unprecedented milestone of $100 billion before a slight correction to $97 billion.
However, despite the significant inflows, trading volume remained steady at $43 billion.
“Trading volumes totaled $43 billion for the week, the same as the prior week records and comprising a larger 47% of overall global bitcoin volumes,” CoinShares head of research James Butterfill added.
US, Bitcoin dominate

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