Digital Asset Investment Surges to New Highs with $117M Inflows

• Digital asset investment products saw inflows of about $117 million last week, the biggest since July 2022.
• Bitcoin saw almost all of last week’s digital asset investment products inflows, with $116 million of the total.
• Total assets under management (AUM) rose $28 billion, roughly 43% from inflow lows recorded in November.

Last week, the digital asset investment industry experienced a significant influx of capital, with $117 million being invested into various products. This is the largest influx of money since July of 2022 and it is overwhelmingly being directed towards Bitcoin, with $116 million of the total going towards products related to the cryptocurrency. This surge in investment has caused the total assets under management (AUM) to rise by $28 billion, representing a 43% increase since the lows of November.

Bitcoin has accounted for the majority of this influx, with nearly all of the weekly inflows being directed towards it. Short Bitcoin products have also seen a notable increase, with $4.4 million being invested in them. Ethereum and Solana have both seen inflows as well, with $2.3 million and $1.1 million respectively. Multi-asset investment products, however, have seen a ninth consecutive week of outflows, with $6.4 million being withdrawn from them. Binance and XRP have also seen outflows of $400,000 and $200,000 respectively.

The increase in investment has led to a significant jump in the total assets under management, with the metric rising 43% from its November lows. This marks a significant turnaround for the digital asset investment industry, with the influx of capital being a sign of renewed optimism. As Bitcoin continues to reach new highs and other cryptocurrencies gain traction, it is likely that this trend will continue in the near future. With more money being invested, the industry is likely to continue to expand and mature, creating more opportunities for investors and developers alike.

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