Last Week Crypto Hit Record Inflows at $5.95B: CoinShares
Key Notes
- CoinShares reported a record $5.95 billion in digital asset inflows, the highest weekly total ever.
- Bitcoin ($3.55B), Ethereum ($1.48B), and Solana ($706.5M) led the surge.
- Bitcoin and Ethereum ETFs saw a combined $4.54B in inflows.
Digital asset investment products saw a massive surge in demand last week, with CoinShares reporting a record $5.95 billion in inflows, the largest weekly total on record.
CoinShares said that the inflows were a delayed reaction to weak United States employment data, the Federal Reserve’s recent rate cut, and growing concerns over US government stability amid shutdown fears.
According to CoinShares, the United States led the wave, attracting $5 billion in new…
