CoinShares Reports $1.03 Billion Influx in Digital Assets

CoinShares’ report reveals $1.03 billion net inflow in digital asset products, with the U.S., Canada, and Brazil showing divergent trends.

This consistent inflow signifies robust market confidence, with Ethereum outperforming Bitcoin, despite regional differences.

U.S. Leads Digital Asset Inflows with $1 Billion Investment

CoinShares‘ latest report highlights a $1.03 billion net inflow into digital asset products last week. This represents the 12th consecutive week of net positive inflows, driven primarily by the U.S. market.

The U.S. observed a substantial $1 billion inflow, underscoring strong investor confidence. However, Canada and Brazil experienced net outflows, pointing to varied regional sentiment.

“The continued inflows into digital asset products reflect a robust and growing confidence in the market, particularly in Bitcoin and Ethereum.” – Townsend Lansing, CEO, CoinShares

Ethereum Outperforms Bitcoin in Inflow Metrics

Did you know? Over the last 12 weeks, Ethereum consistently outperformed Bitcoin in net inflow percentages, reflecting a shift in investor preference.

Bitcoin’s market cap stands at $2.16 trillion, with a price of $108,824.29. Its dominance at 64.34% shows a steady influence, despite a minor 0.70% drop in the last 24 hours. Trading volume surged by 32.36%, indicating active market participation. Source: CoinMarketCap

The Coincu research team suggests that continuous inflow resilience in Ethereum points to evolving investment strategies. Potential impacts include shifting investor confidence and regulatory scrutiny in varying regions, driving diversified portfolio adjustments.