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Digital assets funds see over $1bn of inflows in seven weeks

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Digital asset investment products saw inflows totalling $293m last week, bringing this current seven-week run of inflows to over $1bn in total, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.

Bitcoin ETP trading volumes made up as much as 19.5% of total bitcoin trading volumes, suggesting ETP investors are participating much more in this rally compared to 2020/21.

Ether meanwhile, saw its largest inflows since August 2022 of $49m, with the last two weeks signifying a real turnaround in sentiment, according to CoinShares.

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