The digital asset-based investment product reached $5,950 million last week, experiencing the largest weekly capital entry in history.
This large institutional capital flow appears to be the answer to increasing uncertainty, as employment data is weaker than expected, particularly in the US, leading to lower concerns about government stability. Investors seem to understand that Bitcoin (BTC) and some cryptocurrencies could be valuable spares.
According to the latest weekly report from Coinshares Asset Manager, this positive sentiment has promoted its managed assets (AUM) to a historical maximum of $2540 million. The analysis suggests that Institutional investors diversify their portfolios In front of a panorama of unfavourable macroeconomics.
Geographically, capital is primarily concentrated in the US, bringing record numbers of $5,000 million. He follows Switzerland, he broke his own record with $563 million, and Germany broke 312 million with his second largest registered weekly entry.
Bitcoin was the main beneficiary of this trendused an input flow that reached a record of $3,550 million in one week. The report highlights that despite the fact that the price of digital currency approached its historic maximum last week (already exceeded this week, as reported by Cryptootics), investors have not shown interest in the short investment product, indicating a strong upward conviction.
Ethereum also had amazing performancesattracting $148 million. By these figures, total tickets for Ethher Investment Products (ETH) this year amounted to $13.7 billion, almost tripling the previous year.
Other digital assets such as Solana (SOL) and XRP also recorded significant numbers. Solana has set a new weekly record With the $706.5 million tickets, XRP saw a massive 229.4 million trend. These moves integrate the trend that facility capital (important in this type of regulatory product) not only focuses on Bitcoin, but also begins to explore other ecosystem assets.
(tagstotranslate)bitcoin(btc)
