PANews reported on October 6th that asset management company CoinShares released its weekly report, showing that global crypto exchange-traded products (ETPs) saw nearly $6 billion in net inflows last week, a record high for a single week. This pushed assets under management (AUM) to a record high of $254 billion. This strong inflow was primarily driven by the surge in Bitcoin (BTC) prices to a new all-time high of $125,750. Digital asset products in the United States dominated, with net inflows reaching a record $5 billion. Bitcoin ETFs alone attracted $3.55 billion in net inflows, demonstrating the extreme optimism among institutions and market sentiment towards crypto assets.PANews reported on October 6th that asset management company CoinShares released its weekly report, showing that global crypto exchange-traded products (ETPs) saw nearly $6 billion in net inflows last week, a record high for a single week. This pushed assets under management (AUM) to a record high of $254 billion. This strong inflow was primarily driven by the surge in Bitcoin (BTC) prices to a new all-time high of $125,750. Digital asset products in the United States dominated, with net inflows reaching a record $5 billion. Bitcoin ETFs alone attracted $3.55 billion in net inflows, demonstrating the extreme optimism among institutions and market sentiment towards crypto assets.
CoinShares: Bitcoin's record high drove global crypto ETPs to record a record weekly net inflow of nearly $6 billion
PANews reported on October 6th that asset management company CoinShares released its weekly report, showing that global crypto exchange-traded products (ETPs) saw nearly $6 billion in net inflows last week, a record high for a single week. This pushed assets under management (AUM) to a record high of $254 billion. This strong inflow was primarily driven by the surge in Bitcoin (BTC) prices to a new all-time high of $125,750. Digital asset products in the United States dominated, with net inflows reaching a record $5 billion. Bitcoin ETFs alone attracted $3.55 billion in net inflows, demonstrating the extreme optimism among institutions and market sentiment towards crypto assets.
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