Digital Asset Investment Products See $103M Inflows!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Dec 25, 2023 18:51

Investment in digital assets continues to surge, with a total of $103 million flowing into various investment products last week, according to industry data. Bitcoin-focused products saw the largest inflow of $87.6 million, while Ethereum and Solana investment products also attracted $7.9 million and $6 million, respectively. This marks the seventh consecutive week of inflows for digital asset investment products, indicating a growing trend towards digital asset investment. The surge in demand for these products is being driven by a combination of factors, including increasing institutional adoption and approval of the Spot Bitcoin ETF.