According to the weekly digital asset fund flow report released by asset management company CoinShares, a total of $176 million (approximately 1.5 billion USD) was invested in cryptocurrency investment products last week.
Ethereum funds benefited the most from the market correction, with $155 million inflows last week, or about 88% of the total, according to the report.
The Ethereum fund also recorded an inflow of $150 million (approximately 22 billion yen) this month, leading the monthly performance.
This brings ETH fund inflows to $862 million so far this year, the highest since 2021. This comes after the recent launch of a physical ETF in the United States.
CoinShares explained that this was mainly due to selling. According to Cointelegraph, in the first week of this month, a U.S.-based physical Ethereum ETF saw its first weekly inflow since its launch at the end of July.
The nine newly released products recorded a combined net inflow of $105 million in the first week.
Meanwhile, Bitcoin ETP has only seen an inflow of $13 million per week, and only
To date, a total of 366 million dollars (approximately 53.9 billion yen) has been lost.
2024/08/14 10:32 KST
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