Coinshares digital assets report showed a significant surge in digital asset inflows, reaching $3.85 billion.
Digital Assets Investments Hit Record $3.85 Billion Weekly Inflow
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Record Breaking Inflows Into Digital Asset Investment
Digital asset investment products had the biggest weekly inflows ever at $3.85 billion, shattering the previous record established only a few weeks earlier. Coinshares‘ analysis of last week’s (Dec. 2 – Dec. 6) inflows showed that ethereum was the biggest gainer with $1.2 billion in inflows, its biggest ever since the launch of spot ethereum exchange-traded funds (ETFs).
This has caused total inflows year-to-date (YTD) to reach US$41 billion and total assets under management (AUM) to reach a new high of US$165 billion. The inflow of funds for bitcoin amounted to $2.50 billion, with a year-to-date inflow of $36.50 billion.
Digital asset investment products encompass a range of financial instruments that offer exposure to cryptocurrencies, blockchain technologies, and decentralized finance ecosystems. These products include exchange-traded funds (ETFs), trusts, mutual funds, and direct crypto holdings structured for easier access by investors.
Growing investor confidence in rising bitcoin miner profits drove $124 million in inflows into blockchain equities, the most since January of this year. However, the report notes that solana saw $14 million in outflows, marking its second consecutive week of outflows.
The United States received the largest percentage of the inflows with $3.6 billion, followed by Switzerland with $160 million, Germany with $116 million, Canada with $14 million, and Australia with $10 million.
Coinshares’ report emphasizes the sustained increase of the inflow trend, as digital assets continue gaining traction among investors globally.
