coinculture.com
According to CoinShares’ Digital Asset Fund Flows Weekly report, investment in digital asset products experienced the highest inflows in 14 weeks, amounting to $42 million. The inflows started later in the week due to the FTX/Alameda-induced price weakness.
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6/ More analysis and data are available in our weekly report post, giving you an exhaustive overview of the crypto investment product market.https://t.co/MbvaGECC7I
— CoinShares 👩🚀 (@CoinSharesCo) November 14, 2022
Most new fund inflows went to Bitcoin (BTC) investment vehicles, which gained $19 million last week. However, short-bitcoin investment instruments also saw $12.6 million worth of inflows.
CoinShares observed inflows from all geographical areas, particularly from the US, Brazil, and Canada. Switzerland was the exception, experiencing modest outflows of $4.6 million, but continues to have by far the highest year-to-date inflows.
Last week, $2.5 million was invested into Ethereum (ETH) investment products, whereas $1.1 million was lost by Solana (SOL) and $200,000 was gained by Polygon (MATIC). According to CoinShares, multi-asset investment vehicles—those that invest in multiple digital assets—had their biggest week of inflows since June.