CoinShares revealed that renewed risk appetite drove $1.1 billion into digital asset investment products.
Investment products tied to digital assets brought in $1.1 billion, the largest weekly amount since early January. The increase likely reflects renewed confidence due to easing geopolitical tensions involving Iran and lower-than-expected US spending and inflation figures, CoinShares explained.
Trading volumes climbed 13% week-on-week to $21 billion, still under the yearly average of $31 billion. At the same time, total assets under management have recovered to levels not seen since early February.
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