$2,200,000,000 of Institutional Money Flows Into Crypto Products Amid Election ‘Euphoria’: CoinShares
Digital assets manager CoinShares says that institutional investors dropped over two billion dollars into crypto products last week.
In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in inflows to the tune of $2.2 billion on net last week.
“Digital asset investment products saw inflows of US$2.2bn last week, bringing year-to-date inflows to a record breaking US$29.2bn. This, and recent price appreciation, has now pushed total assets under management (AuM) to over US$100bn for only the second time in history, matching levels seen in early June 2024 at US$102bn.”
The US-led inflows regionally with $2.2 billion, followed by Germany…
