CoinShares: Digital asset investment products saw net inflows of $921 million last week

PANews reported on October 27th that according to CoinShares' latest weekly data, digital asset investment products saw net inflows of $921 million last week, boosted by lower-than-expected US CPI figures and rising expectations of interest rate cuts. The US saw inflows of $843 million, Germany saw $502 million, and Switzerland saw a net outflow of $359 million due to inter-institutional asset transfers. Bitcoin saw a net inflow of $931 million this week, bringing the total to $9.4 billion since the Federal Reserve began cutting interest rates. Year-to-date net inflows are $30.2 billion, down from $41.6 billion last year. Ethereum saw net outflows for five consecutive days, totaling $169 million. Solana and XRP saw cooling activity ahead of the expected US stock ETF launches, recording net inflows of $29.4 million and $84.3 million, respectively.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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