CoinShares: Digital Asset Investment Products Saw $1.2 Billion Inflows Last Week

Foresight News reports that CoinShares released its latest weekly report, indicating that digital asset investment products saw $1.2 billion in inflows last week, marking the fourth consecutive week of net inflows. Driven by Bitcoin's trading price surpassing $76,000, total assets under management (AuM) rose to $155 billion, the highest level since February 1. Among these, Bitcoin saw $933 million in inflows, with a cumulative inflow of $4 billion year-to-date; Ethereum recorded $192 million in inflows, marking the third consecutive week of inflows exceeding $190 million. Blockchain equity ETFs accumulated $617 million in inflows over the past three weeks, setting a record for weekly inflows. Regionally, the United States dominated with $1.1 billion in inflows, while Germany, Switzerland, and Canada saw inflows of $61.7 million, $35.2 million, and $15 million, respectively. Additionally, short Bitcoin products recorded $16.5 million in inflows. The market is currently focused on the FOMC interest rate decision scheduled for April 28-29.