CoinShares: Digital Asset Investment Products Saw Net Inflows of $921 Million Last Week

BlockBeats News, October 27th, CoinShares released its latest weekly report stating that last week digital asset investment products attracted a net inflow of $921 million, driven by the increase in investor confidence after US CPI data came in lower than expected.

The US led in inflows, reaching $843 million, while Germany also showed strong performance with inflows of $502 million; Switzerland, on the other hand, saw outflows of $359 million, but this was due to asset transfers rather than selling.

Bitcoin dominated the inflows, with a net inflow of $931 million; Ethereum saw a net outflow of $169 million; inflows for Solana and XRP cooled off ahead of the expected US ETF launch.