2024-03-11 18:47:51
Key points of the news:
- Record weekly income from investment funds in digital assets, with US$2.7 billion.
- Bitcoin continues to be the focus of investment, attracting US$2.6 billion.
- Solana is showing signs of recovery with $24 million in revenue last week.
The investment market in digital assets have experienced a record week in fund flowswith weekly income reaching the impressive figure of US$2.7 billion, according to the official report of CoinShares.
This increase has brought the accumulated income so far this year to US$10.3 billion, Approaching to the record of US$10.6 billion set in all of 2021.
Bitcoin remains the main focus point for investorsattracting an impressive flow of US$2.6 billion over the past week.
These incomes now represent the 14% of total Assets under Management (AuM), demonstrating investors’ continued confidence in this leading cryptocurrency.
Besides, Solana has shown signs of recovery following facing a series of challenges and negative feelings.
During the past week, this platform saw a revenue stream of US$24 million, indicating renewed interest from investors.
Market growth is not limited to fund flows alonebut is also reflected in the increase in weekly trading volume, which reached the astonishing number of US$43 billion.
This increase in trading has been driven by recent gains in various digital assets.
A nivel regional, the United States led in income con US$2.8 billion, followed by Swiss y Brazil with US$21 million and US$18 million respectively.
However, Canada, Germany y Swiss experimenton capital outflows, with negative flows of US$35 million, US$77 million and US$39 million respectively.
In addition to Bitcoin dominance, other cryptocurrencies They have also attracted significant investments.
Polkadot, Fantom, Chainlink y Uniswap recorded income streams ranging from US$1.6 million and US$2.7 million each.
The digital asset market continues to show solid growth and diversification in investments.
As investors continue to show confidence in Bitcoin and explore new opportunities in other cryptocurrencies, the outlook for this sector remains promising.
1710189184
#Investors #flock #digital #assets #record #weekly #inflows #billion
