Digital asset investment products saw inflows totalling $176m last week in a continuation of consecutive weekly inflows that has now lasted eight weeks, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
ETP share of total crypto volumes is rising, averaging 11% compared to the long-term historical average of 3.4%, and well above the averages seen in the 2020/21 bull market.
Bitcoin continues to dominate, with inflows totaling $155m, with the last eight weeks of inflows accounting for 3.4% of total AuM.
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