Crypto investment products see largest inflows since July — CoinShares

Digital property financial investment products continued to see significant inflows in the previous week, reaching the highest volume levels because July 2023, according to a brand-new report.Crypto financial investment items saw inflows for the 2nd consecutive week, totaling $78 million, crypto possession management firm CoinShares reported in its weekly analysis report on Oct. 9. United States Ethereum futures exchange-traded funds (ETFs)– which debuted trading on Oct. 2– attracted only around $10 million in the first week, highlighting “warm hunger,” CoinShares stated.Related: Bitcoin drives digital property item inflows for the 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 simply $9 million of inflows combined.Crypto flows by country of exchange. Source: CoinSharesAccording to the data, Germany and Switzerland were the greatest nations contributing to the inflow increase, posting $37.3 million and $31.3 million in inflows, respectively.