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Digital asset funds mark 10th week of consecutive growth

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Digital asset investment products recorded $3.2bn in inflows last week, with year-to-date inflows reaching $44.5bn, more than four times higher than any previous year, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.

Trading volumes in exchange-traded products (ETPs) averaged $21bn per week, accounting for 30% of bitcoin traded on trusted exchanges. Bitcoin trading on trusted exchanges, across all investment types, averaged $8.3bn daily this year – double the FTSE 100’s average daily trading volume.

Regional inflows reflected strong global sentiment, with notable contributions from the US ($3.1bn), Switzerland ($36m), Germany ($33m), and Brazil ($25m).

Bitcoin products led with $2bn in inflows, bringing the post-US-election total to $11.5bn. Short Bitcoin products saw $14.6m in inflows following recent price gains, though total AUM remained modest at $130m.

Ether recorded its 7th consecutive week of inflows, adding $1bn last week and $3.7bn over the past seven weeks.

Among altcoins, XRP attracted $145m amid optimism for a US-listed ETF, while Polkadot and Litecoin saw inflows of $3.7m and $2.2m, respectively.

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