According to COINSHARES, a major encryption asset management company, digital asset investment vehicles have recorded annual trends after being introduced for a month.
Coinshares announced that Crypto Exchange-Traded Products (ETP) at the latest Digital Asset Fund Weekly Report have only entered almost $ 1 billion last week.
“Digital Asset Investment products have been in the world for four consecutive weeks of $ 88.2 million, a total of $ 88.2 million worldwide, and have approached $ 7.3 billion in US $ 33 billion in early February this year, compared to the previous year.
We believe that the rapid increase in price and inflow is led by a combination of the world’s rise in M2 currency supply, the risk of staplation in the United States, and some of the same factors, such as the US state, which approves Bitcoin as a strategic preliminary asset. ”
Canada and Hong Kong have leaked $ 8 million and $ 4.3 million, but the United States led the world with the inflow of $ 880 million, while Germany and Australia led $ 44.5 million and $ 11.2 million, respectively.
Bitcoin (BTC) enjoyed the inflow of lions accordingly.
“Bitcoin has dominated the inflow by attracting $ 886.7 million worldwide last week. Since its launch in January 2024, the US listed ETFS has reached a new milestone with a cumulative net inflow of $ 62.9 billion in early February.”
SUI ETPS enjoyed $ 11.7 million and Ethereum (ETH) vehicle was only $ 1.5 million.
Follow us in X, Facebook and Telegram
Don’t miss the beat -Subscribe to the email notifications directly delivered to the received letter box.
Check the price measures
Sur surfing the HODL mix every day
& nbsp
Exemptions: The opinions expressed in Daily HODL are not investment advice. Investors must do live action before making high -risk investments in bitcoin, cryptocurrency or digital assets. Transfer and transactions are at their danger, and the loss that can occur is your responsibility. Daily HODL is not recommended to purchase or sell cryptocurrency or digital assets, and Daily HODL is not an investment advisor. Daily HODL participates in affiliate marketing.
Main Images: Shutter Stock/originality