Digital asset investments hit record weekly inflows of $3.85 billion

The Coinshares Digital Asset Report shows a massive surge in digital asset inflows, reaching $3.85 billion.

Digital asset investments hit record weekly inflows of $3.85 billion

Record inflows of digital asset investments
Weekly inflows into digital asset investment products hit a new all-time high of $3.85 billion, breaking the previous record set a few weeks ago. Coinshares ’ analysis of inflows last week (Dec. 2-6) shows that Ethereum was the biggest beneficiary, with $1.2 billion in inflows, the largest since the launch of the Ethereum spot exchange-traded fund (ETF).

This brings total year-to-date (YTD) inflows to $41 billion and total assets under management (AUM) to a record $165 billion. Bitcoin inflows totaled $2.5 billion, with YTD inflows at $36.5 billion.

Digital asset investments hit new weekly record with $3.85 billion inflows

Digital asset investment products cover a range of financial instruments that provide investment opportunities in cryptocurrencies, blockchain technology and the decentralized financial ecosystem. These products include exchange-traded funds (ETFs), trusts, mutual funds, and direct crypto holdings that provide investors with greater access.

Growing investor confidence in the growth of Bitcoin miners’ profits drove $124 million of inflows into blockchain stocks, the most since January. However, the report noted that Solana saw an outflow of $14 million, marking its second consecutive week of outflows.

The United States received the largest share of inflows, at $3.6 billion, followed by Switzerland at $160 million, Germany at $116 million, Canada at $14 million, and Australia at $10 million.

Coinshares ’ report highlights the continued increase in inflow trend as digital assets continue to gain traction among investors around the world.