PANews reported on December 8th that, according to CoinShares' latest weekly report, digital asset ETPs recorded a net inflow of $716 million in the week ending December 6th, pushing total assets under management to $180 billion. The main inflows were into the US ($483 million), Germany ($96.9 million), and Canada ($80.7 million). Bitcoin attracted $352 million, XRP recorded $245 million, and Chainlink saw a record inflow of $52.8 million, representing 54% of its assets under management. Shorting Bitcoin products saw significant outflows, indicating a weakening of bearish sentiment in the market.PANews reported on December 8th that, according to CoinShares' latest weekly report, digital asset ETPs recorded a net inflow of $716 million in the week ending December 6th, pushing total assets under management to $180 billion. The main inflows were into the US ($483 million), Germany ($96.9 million), and Canada ($80.7 million). Bitcoin attracted $352 million, XRP recorded $245 million, and Chainlink saw a record inflow of $52.8 million, representing 54% of its assets under management. Shorting Bitcoin products saw significant outflows, indicating a weakening of bearish sentiment in the market.
CoinShares: Digital asset ETPs saw a net inflow of $716 million last week.
PANews reported on December 8th that, according to CoinShares' latest weekly report, digital asset ETPs recorded a net inflow of $716 million in the week ending December 6th, pushing total assets under management to $180 billion. The main inflows were into the US ($483 million), Germany ($96.9 million), and Canada ($80.7 million). Bitcoin attracted $352 million, XRP recorded $245 million, and Chainlink saw a record inflow of $52.8 million, representing 54% of its assets under management. Shorting Bitcoin products saw significant outflows, indicating a weakening of bearish sentiment in the market.
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