Crypto investment products see largest inflows since July: CoinShares
Digital possession investment products have continued to see substantial inflows last week, reaching the greatest volume levels because July 2023, according to a new report.Crypto investment items saw inflows for the second successive week, totaling $78 million, crypto property management company CoinShares reported in its weekly analysis report on Oct. 9. The United States Ethereum futures exchange-traded funds (ETFs)– which debuted trading on Oct. 2– drew in just around $10 million in the first week, highlighting “warm cravings,” CoinShares reiterated.Related: Bitcoin drives digital asset product inflows for the very first time in 6 weeks: ReportIn addition to asset-wise analysis, CoinShares also reported that 90% of all crypto property inflows came from Europe, while the U.S. and Canada saw just $9 million of inflows combined.Crypto streams by country of exchange. Source: CoinSharesAccording to the information, Germany and Switzerland were the biggest nations contributing to the inflow increase, publishing $37.3 million and $31.3 million in inflows, respectively.
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