Coinshares reports fourth consecutive week of inflows

Coinshares reported a fourth consecutive week of digital asset investment product inflows, totaling $76 million last week.

Year-to-date inflows reached $230 million, “highlighting a decisive change in investor sentiment for the beginning of 2023,” the firm said in its weekly report.

Bitcoin dominates demand with inflows of $69 million, representing 90% of the total flows for the week.

“Despite the improving clarity around unstaking, Ethereum saw only US$0.7m of inflows,” the firm said.

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Source: https://www.theblock.co/post/208918/coinshares-reports-fourth-consecutive-week-of-inflows?utm_source=rss&utm_medium=rss