Bitcoin, Ethereum Inflows Surge As Crypto Fund Flows Hit $116 Billion Record High
CoinShares, a leading crypto asset management firm, released its latest “Digital Asset Fund Flows Weekly Report,” highlighting a notable surge in investment inflows following the US elections.
$116 Billion Record High Crypto Fund Flows
The report revealed that digital asset investment products attracted $1.98 billion in inflows, bringing global assets under management (AuM) to a record high of $116 billion. This marks the fifth consecutive week of inflows, pushing year-to-date figures to $31.3 billion.
The surge in inflows was primarily concentrated in the United States, which accounted for $1.95 billion of the total, driven by favorable macroeconomic conditions and political shifts, specifically the triumph of Donald…
