Bitcoin
Bitcoin (BTC)
$84,957.00 1.11004
Bitcoin price
Ethereum
Ethereum (ETH)
$1,877.28 0.46678
Ethereum price
BNB
BNB (BNB)
$602.11 -0.93594
BNB price
Solana
Solana (SOL)
$126.22 -1.19763
Solana price
XRP
XRP (XRP)
$2.12 -1.11628
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000124 -3.16827
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000074 -1.95054
Pepe price
Bonk
Bonk (BONK)
$0.0000122 3.32255
Bonk price
dogwifhat
dogwifhat (WIF)
$0.415199 -2.85836
dogwifhat price
Popcat
Popcat (POPCAT)
$0.18676 -4.84313
Popcat price
Bitcoin
Bitcoin (BTC)
$84,957.00 1.11004
Bitcoin price
Ethereum
Ethereum (ETH)
$1,877.28 0.46678
Ethereum price
BNB
BNB (BNB)
$602.11 -0.93594
BNB price
Solana
Solana (SOL)
$126.22 -1.19763
Solana price
XRP
XRP (XRP)
$2.12 -1.11628
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000124 -3.16827
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000074 -1.95054
Pepe price
Bonk
Bonk (BONK)
$0.0000122 3.32255
Bonk price
dogwifhat
dogwifhat (WIF)
$0.415199 -2.85836
dogwifhat price
Popcat
Popcat (POPCAT)
$0.18676 -4.84313
Popcat price
Bitcoin
Bitcoin (BTC)
$84,957.00 1.11004
Bitcoin price
Ethereum
Ethereum (ETH)
$1,877.28 0.46678
Ethereum price
BNB
BNB (BNB)
$602.11 -0.93594
BNB price
Solana
Solana (SOL)
$126.22 -1.19763
Solana price
XRP
XRP (XRP)
$2.12 -1.11628
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000124 -3.16827
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000074 -1.95054
Pepe price
Bonk
Bonk (BONK)
$0.0000122 3.32255
Bonk price
dogwifhat
dogwifhat (WIF)
$0.415199 -2.85836
dogwifhat price
Popcat
Popcat (POPCAT)
$0.18676 -4.84313
Popcat price
Bitcoin
Bitcoin (BTC)
$84,957.00 1.11004
Bitcoin price
Ethereum
Ethereum (ETH)
$1,877.28 0.46678
Ethereum price
BNB
BNB (BNB)
$602.11 -0.93594
BNB price
Solana
Solana (SOL)
$126.22 -1.19763
Solana price
XRP
XRP (XRP)
$2.12 -1.11628
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000124 -3.16827
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000074 -1.95054
Pepe price
Bonk
Bonk (BONK)
$0.0000122 3.32255
Bonk price
dogwifhat
dogwifhat (WIF)
$0.415199 -2.85836
dogwifhat price
Popcat
Popcat (POPCAT)
$0.18676 -4.84313
Popcat price

Digital asset investment inflows hit $43m in 11th consecutive week

Brian Stone
Edited by
News
Digital asset investment inflows hit $43m in 11th consecutive week

According to a Dec. 11 CoinShares report, digital asset investment products have hit the 11th consecutive week of inflows at $43 million. 

When comparing regions, Europe led with $43 million in inflows, while the U.S. followed with $14 million, half of which was allocated to short positions.

Bitcoin as a focal point

As stated in the report, Bitcoin (BTC) remains a crucial focus, attracting $20 million in inflows, bringing the year-to-date total to $1.7 billion. Notably, short positions on Bitcoin received $8.6 million in inflows, reflecting concerns about the sustainability of current price surges.

At the same time, Ethereum (ETH) marked its sixth consecutive week of inflows, totaling $10 million. Just seven weeks ago, Ethereum experienced year-to-date outflows of $125 million, showcasing a substantial recovery. Altcoins Solana and Avalanche maintained their popularity with $3 million and $2 million in inflows, respectively.

Furthermore, blockchain equities witnessed a milestone with their most significant weekly inflows on record, reaching $126 million.

A strategic asset

A few days earlier, CoinShares shared a report highlighting that Bitcoin was a pivotal strategic asset for portfolio exposure management. 

This recommendation aligns with a substantial uptick in inflows to digital asset investment products, totaling $1.7 billion in the past nine weeks. At the time, the most significant surge since late 2021 is considered to be the continuation of a bull run.