According to the CoinShares report for the latest week, the volume of digital assets space has increased with an inflow of $2.9 billion, breaking a new record.Â
The increase is significant, now reaching $4.7 billion compared to the previous peak of $2.7 billion. This boosts year-to-date inflows to $13.2 billion, far surpassing the $10.6 billion seen in 2021.
However, Bitcoin remains dominant, capturing 97% of all year-to-date inflows, with $2.86 billion last week. Meanwhile, leading altcoins such as Ethereum, Solana, and Polygon witness outflows, indicating potential investor sentiment shifts.
Blockchain equities rebound with $19 million in inflows after six weeks of outflows, signifying renewed investor interest. The United States leads in regional activity with $2.95 billion inflows, followed by minor inflows in Australia, Brazil, and Hong Kong, and combined outflows in Canada, Germany, Sweden, and Switzerland, totaling $78 million.
For the first time, Global Exchange-Traded Products (ETPs) summed up over $100 billion, despite a subsequent correction to $97 billion. The report focuses on a trend of rising investor interest in digital assets, mainly BTC, as a way to keep against inflation and as a speculative investment.
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