Global Stock News

CoinShares Reports $1.65B in Weekly Crypto Fund Inflows as Bitcoin Leads

CoinShares Reports $1.65B in Weekly Crypto Fund Inflows as Bitcoin Leads

bitcoin17 main

Digital asset investment products drew $1.65 billion in net inflows across all issuers globally over the first three trading days of the week, according to the latest weekly market update from CoinShares published on August 27. The figure follows the $2.94 billion recorded in the full week to August 20, which CoinShares described as the largest weekly inflow of the year.

Bitcoin and Ethereum Lead the Inflows

Bitcoin led with $976 million of inflows while Ethereum drew $478 million, alongside broad altcoin participation that included XRP at $80.5 million, Solana at $62.9 million, and Hyperliquid at $39.0 million. The United States drove the bulk of the flows at $1.5 billion, with Germany and Switzerland also strong. Total industry…

Source link

Share this article

Scroll to Top